Bloomberg Intelligence’s senior macro strategist Mike McGlone is issuing a warning on the value of Bitcoin (BTC). In a new Understanding Macro interview, McGlone says that Bitcoin is now facing a monetary policy environment of rising interest rates after coming of age in an era of historically low-interest rates. According to the macro analyst, the The post Bitcoin Facing an ‘800-Pound Gorilla’ Downside Risk, Says Bloomberg Analyst Mike McGlone – Here Are His Targets appeared first on The Daily Hodl .
