Bloomberg Intelligence senior macro strategist Mike McGlone is setting a new potential price floor for the Bitcoin (BTC) bear market. In a new interview with crypto analyst CryptoBirb, McGlone says Bitcoin’s heavy breakdown from previous support levels was a strong sign that BTC was headed significantly lower. He says Bitcoin could drop down nearly 40% The post Bloomberg Analyst Reveals His Price Floor for Bitcoin (BTC), Says Not Allocating to Crypto Risky for Institutions appeared first on The Daily Hodl .
