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Bitcoin at $100K is ‘speed bump’ to $56K, but data signals no signs of panic

Bloomberg analyst Mike McGlone says Bitcoin hitting $100,000 is “a speed bump” to $56,000, but other analysts say Bitcoin has bottomed out.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin at $100K is ‘speed bump’ to $56K, but data signals no signs of panic

Bloomberg analyst Mike McGlone says Bitcoin hitting $100,000 is “a speed bump” to $56,000, but other analysts say Bitcoin has bottomed out.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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