Bitcoin to $50K? Bloomberg’s Mike McGlone Says "the Trade Is Over"
Cointelegraph·2026-01-23 15:46

Now, this year feels very similar to me like 2008. It's a tremendous environment for traders. I think Bitcoin's on a trajectory towards $10,000.That trades over, shift to something else, and that's why I shifted the gold. Now, that's been a great trade. Now, that trade's getting too extended.Bitcoin was supposed to be digital gold, but in 2025, precious metals surged while digital assets lagged behind. And as geopolitical risks continue to rise, that gap is becoming harder to ignore. So, what is holding cry ...

Bitcoin to $50K? Bloomberg’s Mike McGlone Says "the Trade Is Over" - Reportify