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Bloomberg Analyst Issues Warning, Says Coming Months Likely To Be ‘Ugly’ for Bitcoin and Crypto

By Daily Hodl Staff at 2026-05-13 14:46

Sentiment: Negative

Bloomberg Intelligence’s senior macro strategist Mike McGlone says that the second half of the year could be bearish for Bitcoin (BTC) and the rest of the crypto markets. McGlone says that risk assets, such as stocks and crypto, could get cheap in the coming months as he believes that an economic recession is on the […] The post Bloomberg Analyst Issues Warning, Says Coming Months Likely To Be ‘Ugly’ for Bitcoin and Crypto appeared first on The Daily Hodl. Continue reading...

Categories: Bitcoin

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