mcglone
‘Peak Bubble’: Bitcoin To ‘Lose A Zero’, Drop To $10k Says Bloomberg Strategist | Mike McGlone
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, predicts that Bitcoin could crash, while gold rises and oil falls, as he believes markets are in a dangerous bubble that will burst with major volatility coming in the final months of 2025.
Has Bitcoin Peaked Vs Gold? Mike McGlone Thinks So (Gold Is Winning!!)
by confoundedinterest17 Mike McGlone has an interesting perspective on Bitcoin versus Gold. Gold $3,000, Bitcoin $70,000? Is there good reason for reversion lower? My bias is leaning that way, especially if the US hashtag#stockmarket reverses some of last year’s almost $12 trillion advance, about 40% of GDP. Bitcoin approaching $150,000 in 2025 might suggest another $12+ trillion …