Tag: McGlone

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McGlone shifts bitcoin forecast to $28,000 after critics blast $10,000 call as ‘nonsense’

Bloomberg Intelligence’s Mike McGlone appeared to walk back his $10,000 forecast for bitcoin, instead highlighting $28,000 after being challenged on social media and accused...

Bitcoin’s slide may signal broader market trouble and a U.S. recession, Mike McGlone says

Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices may signal broader financial stress, warning bitcoin could revert toward $10,000 and...