CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
The Daily Hodl 2023-07-13 11:45:22

Bloomberg Analyst Mike McGlone Issues Bitcoin Alert, Warns One Thing Could Create Headwinds for BTC

Bloomberg Intelligence’s senior macro strategist Mike McGlone is warning that Bitcoin (BTC) may run into strong headwinds this year. McGlone tells his 58,800 Twitter followers that a US economic recession is likely coming soon and it could drag down risk assets like Bitcoin and other cryptos. “Notably Negative Liquidity vs. Bouncing Bitcoin – Recessions typically The post Bloomberg Analyst Mike McGlone Issues Bitcoin Alert, Warns One Thing Could Create Headwinds for BTC appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.