Bloomberg Analyst on Bitcoin: ‘Headwinds Remain Strong’

Bloomberg Analyst on Bitcoin: ‘Headwinds Remain Strong’

full version at thecryptobasic

McGlone puts a damper on the Bitcoin bull market party. Bloomberg Senior Macro Strategist Mike McGlone has asserted that Bitcoin remains in a downward trajectory. The analyst tweeted this view yesterday, citing the 50-week moving average. According to McGlone, the sell-side pressure remains, as the main hurdle that faced the prices of assets in equity […]

The post Bloomberg Analyst on Bitcoin: ‘Headwinds Remain Strong’ first appeared on The Crypto Basic.

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