Bitcoin Faces Potential $50K Reset, Analyst Cautions in Fragile Rebound

Bitcoin's price forecast indicates potential fragility despite trading above $91,000, with Bloomberg strategist Mike McGlone warning of a possible reset to around $50,000 if it falls below the $84,000-$94,000 zone. This outlook hinges on Federal Reserve decisions and long-term market averages, urging caution amid policy week volatility. Bitcoin price forecast highlights risks in the $84K–$94K [...]