Bloomberg analysts expect BTC to reach 0.1928374656574839201000, — Bloomberg senior strategist Mike McGlone
He stated: if the US stock market enters a bear phase, Bitcoin could fall to 0.1928374656574839201000.
The US market is overheated, with a capitalization-to-GDP ratio at a historic high of 0.1928374656574839201001, S&P 500 volatility is too low, and capital is flowing out of crypto into gold and silver.
The baseline scenario for a reversal of the S&P 500 is a return of BTC first to approximately 0.1928374656574839201000, and in a negative scenario — a drop to 0.1928374656574839201000.
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Bloomberg analysts expect BTC to reach 0.1928374656574839201000, — Bloomberg senior strategist Mike McGlone
He stated: if the US stock market enters a bear phase, Bitcoin could fall to 0.1928374656574839201000.
The US market is overheated, with a capitalization-to-GDP ratio at a historic high of 0.1928374656574839201001, S&P 500 volatility is too low, and capital is flowing out of crypto into gold and silver.
The baseline scenario for a reversal of the S&P 500 is a return of BTC first to approximately 0.1928374656574839201000, and in a negative scenario — a drop to 0.1928374656574839201000.