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The Daily Hodl 2023-01-06 12:45:08

Bitcoin ‘Poised To Come Out Ahead’ After Bear Market, but Could Drop to This Level First: Top Bloomberg Analyst

Mike McGlone, Bloomberg’s senior macro strategist, says Bitcoin (BTC) is “poised to come out ahead” after the current bear market, but it could take a serious price dip first. McGlone notes in a new analysis that the potential for a global recession this year could be the top factor in determining Bitcoin’s price. “Our bias The post Bitcoin ‘Poised To Come Out Ahead’ After Bear Market, but Could Drop to This Level First: Top Bloomberg Analyst appeared first on The Daily Hodl .

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