By https://coinpedia.org/ on June 1, 2026
The post Bloomberg’s Mike McGlone Warns of Possible Bitcoin Reversion appeared first on Coinpedia Fintech News Bloomberg Intelligence analyst Mike McGlone has raised concerns that Bitcoin could face a deeper correction despite strong performance in traditional financial markets. Drawing comparisons to the 2018 downturn, when Bitcoin fell from around $10,000 to near $3,000, McGlone argues that similar signs of price reversion are emerging after Bitcoin’s rise above $100,000. He noted that …
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