The post Bitcoin Price Could Face Sharp Reversal, Bloomberg Analyst Warns appeared first on Coinpedia Fintech News
Bitcoin has climbed back above $86,000, but Bloomberg Intelligence senior commodity strategist Mike McGlone is warning that the recovery could face another sharp reversal. McGlone sees Bitcoin caught between the $100,000 area and a potential return toward $60,000, citing high Treasury yields, stock-market risks and weaker support from traditional markets. Mike McGlone Warns of a …
 The post Bitcoin Price Could Face Sharp Reversal, Bloomberg Analyst Warns appeared first on Coinpedia Fintech News
Bitcoin has climbed back above $86,000, but Bloomberg Intelligence senior commodity strategist Mike McGlone is warning that the recovery could face another sharp reversal. McGlone sees Bitcoin caught between the $100,000 area and a potential return toward $60,000, citing high Treasury yields, stock-market risks and weaker support from traditional markets. Mike McGlone Warns of a …Â
This articles is written by : Nermeen Nabil Khear Abdelmalak
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