Bloomberg Senior Strategist Mike McGlone Takes an In-Depth Look at Bitcoin

As Bitcoin (BTC) struggles to remain above critical support levels, leading figures in the cryptocurrency world have discussed the current state of the market and possible future scenarios. In the program hosted by Scott Melker, Mike McGlone and Gareth Soloway combined macroeconomic data with technical analysis to create a roadmap for investors. Mike McGlone, Senior […]

Bloomberg Analyst James Seyffart: “Bitcoin Has Lost 50% of Its Value, But There Is a Very Strong Signal”

Although the sharp drop of approximately 50% in the price of Bitcoin (BTC) created the expectation in traditional financial circles that “weak hands” would withdraw from the market, the data shows the opposite. Appearing on Natalie Brunell’s “Coin Stories” program, Bloomberg’s veteran analyst James Seyffart argued that Bitcoin ETF investors weathered this storm with unexpected […]