Crypto Currency Tracker logo Crypto Currency Tracker logo
TimesTabloid 2023-05-22 19:05:09

Bitcoin (BTC) at $7,000? Bloomberg Strategist Warns of Possible Crash Before Recovery

Mike McGlone, the senior macro strategist at Bloomberg Intelligence, has recently warned that Bitcoin (BTC), the largest cryptocurrency by market cap, could face another historic crash from the current price level to $7,000, which is a price not seen since 2020. According to McGlone in a tweet today, Bitcoin is up relatively 4x from when The post Bitcoin (BTC) at $7,000? Bloomberg Strategist Warns of Possible Crash Before Recovery appeared first on Times Tabloid .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.