Bloomberg Intelligence senior macro strategist Mike McGlone says Bitcoin’s (BTC) road to recovery comes with big challenges. McGlone tells his 54,400 Twitter followers that Bitcoin may be forming a bottom similar to 2018, but he warns the macroeconomic conditions are now less favorable than they were back then. “Bitcoin’s roughly 80% drawdown to the 2022 The post Bitcoin (BTC) Recovery Unlikely To Be Easy, Warns Bloomberg Strategist Mike McGlone – Here’s Why appeared first on The Daily Hodl .
