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The Daily Hodl 2023-09-07 07:04:11

Stagnant Bitcoin Price Hinting at Incoming Market Turbulence, Says Bloomberg Strategist – Here’s What He Means

Bloomberg Intelligence senior macro strategist Mike McGlone thinks Bitcoin’s (BTC) recent price action indicates economic turbulence is ahead. McGlone tells his 60,000 followers on the social media platform X that Bitcoin is showing bearish divergence against the Nasdaq 100 Stock Index, which may indicate a coming recession. “Is one of the best-performing assets ever telling The post Stagnant Bitcoin Price Hinting at Incoming Market Turbulence, Says Bloomberg Strategist – Here’s What He Means appeared first on The Daily Hodl .

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