BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
Bloomberg analyst Mike McGlone says Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run — but with one big difference.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bloomberg analyst Mike McGlone says Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run — but with one big difference.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000
▶Bitcoin Magazine Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 Mike McGlone was one of the few Wall S...
Bitcoin Price Won’t Break $100K By End of 2026, Analysts Say—Here’s Why
Analysts from top crypto firms believe that other investment options, further interest rate tightening, and the still-developing s...
SEC Targets Tokenization, AI and Quantum Computing in 2027 Examination Priorities
The Securities and Exchange Commission (SEC) is putting tokenized securities, artificial intelligence, and quantum computing under...
Bitcoin Flashes Bull Market Signal Amid Fresh ETF Inflows: Cryptoquant CEO
Bitcoin’s latest capital-flow signal resembles patterns seen during earlier bull markets, Cryptoquant CEO Ki Young Ju said. His as...
Swell Freezes swETH and rswETH Withdrawals Until It Corrects Their Exchange Rates
Holders of Swell‘s swETH and rswETH cannot deposit or withdraw through the protocol after the team said at 2:39 a.m. ET Friday it...
Crypto Industry Group Pushes Congress For Small-Payment Tax Relief And Clearer Rules
TL;DR: The Blockchain Association has asked congressional leaders to advance bipartisan crypto tax changes, including a de minimis...