Bitcoin must retake $75,000 or risk annihilation to $10,000, analyst says
A familiar voice is back with a familiar, and controversial, call on bitcoin BTC$69,136.31. Mike McGlone, senior commodity strategist for Bloomberg Intelligence, is reiterating that bitcoin could crash to $10,000. But this time, he’s framed it with a very clear line in the sand: $75,000. If bitcoin decisively reclaims and holds that level, the bearish…