‘Bitcoin trade is over,’ Bloomberg strategist says in 2026 macro outlook
Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026.
Why this matters
Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Bloomberg Sees Bitcoin Price at $10K and Cryptoquant’s CEO Doesn’t Agree
Bloomberg Intelligence strategist Mike McGlone has put a $10,000 target back on bitcoin, and within hours, Cryptoquant CEO Ki Youn...
Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares
Bitcoin Magazine Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares Bitcoin’s price has d...
XRP Price Could Surge 145% as 2023 Rally Pattern Returns
XRP price traded near $1.34 on October 16, about 4% below the 200-day simple moving average (SMA) at $1.36. The immediate test is...
XRP Price Prediction: XRP Duo Turn Bullish, $1,000 Dream Lives On
XRP is trading at $1.34, up more than 1% after a brutal Wednesday. Ripple CEO Brad Garlinghouse says XRP has legal clarity despite...
Bitcoin Price Prediction: Bitcoin Tracks Treasury Real Rates, Fidelity Finds
Bitcoin is trading at $82,000, rebounding from $80,000 since yesterday morning, as traders weigh a new macro signal that could fli...
Binance bStocks Hits $1 Billion As Tokenized Stock Trading Accelerates
TL;DR: Binance says its bStocks tokenized-equity offering has surpassed $1 billion in assets under management, four months after l...