Mike McGlone, Bloomberg Intelligence’s senior macro strategist, isn’t convinced Bitcoin (BTC) is ready for a bull market. McGlone says in a new interview with David Lin that Bitcoin’s price jump in the days following BlackRock’s exchange-traded fund (ETF) application announcement last week has been “hopium.” Last Thursday, BlackRock, the largest asset manager in the world, submitted The post Bloomberg Analyst Mike McGlone Issues Bitcoin Alert, Says BTC To Encounter ‘Major Pressure Factor’ – Here’s Why appeared first on The Daily Hodl .
