Mike McGlone’s Scorched Earth Prediction: $56K Bitcoin in the Horizon

07-Nov-2025 Bitcoin.com

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be consistent with the behavior of the asset in similar bull runs that happened before. Bloomberg’s McGlone Believes $56K BTC Possible if $100K Level Is Lost The […]

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