Bloomberg Intelligence Analyst Warns That Bitcoin Q1 Bounce Favors “Tactical Shorts”
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Despite this, the analyst remains bullish on the asset long-term. Bloomberg Intelligence Senior Macro Strategist Mike McGlone has cautioned that Bitcoin’s latest bounce to resistance at $25k may favor what he describes as “tactical shorts.” McGlone expressed this in a tweet today, noting that the asset was battling the Fed’s tightening policy and has ventured […]
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