Sentiment: Negative
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$7,000 Bitcoin? Bloomberg Analyst Warns That BTC Could Wreck Everyone Before Next Move Up
By Daily Hodl Staff at 2026-05-08 16:53
Sentiment: Negative
Bloomberg Intelligence’s senior macro strategist Mike McGlone is warning that Bitcoin (BTC) has a chance of plummeting to prices not seen since 2020. McGlone tells his 57,800 Twitter followers that Bitcoin is still up nearly 4x from when the Federal Reserve started rapidly expanding the money supply during the COVID market collapse. The analyst says […] The post $7,000 Bitcoin? Bloomberg Analyst Warns That BTC Could Wreck Everyone Before Next Move Up appeared first on The Daily Hodl. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Trading #BTC #News #trading
Source The Daily Hodl