🚀 Bloomberg Insight: Bitcoin May Face a Deep Pullback
💵 Bloomberg senior strategist Mike McGlone has outlined a scenario where BTC could retrace toward the $10,000 zone. His view is that the key bullish catalysts — ETFs, institutional inflows, and market hype — may already be fully reflected in current prices.
⚡ According to McGlone, stretched expectations and growing market fatigue could set the stage for a major correction, potentially sending Bitcoin back to levels last seen at the early stages of the 2020 rally.
