Bitcoin’s Potential Plunge to $7,000: Bloomberg Strategist’s Warning

Amidst the volatility of the crypto market, Mike McGlone, senior macro strategist at Bloomberg Intelligence, considers the potential for a significant Bitcoin downturn. McGlone communicates to his Twitter followers, numbering over 57,800, that Bitcoin still enjoys a nearly 4x increase since the Federal Reserve began a massive money supply expansion amidst the COVID market crash.