‘Bitcoin Trade Is Over,’ Bloomberg Strategist Says In 2026 Macro Outlook

Jan 23, 2026 - 20:30
‘Bitcoin Trade Is Over,’ Bloomberg Strategist Says In 2026 Macro Outlook
Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026. Bloomberg Intelligence strategist Mike McGlone said he has reversed his long-term outlook on Bitcoin and the broader crypto market, arguing that investors should “sell the rallies” across risk assets in 2026. In McGlone’s view, the conditions that...

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