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CoinDesk Nov 7, 2025 at 5:30 PM By Sergio Goschenko

Mike McGlone’s Scorched Earth Prediction: $56K Bitcoin in the Horizon

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be cons

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Mike McGlone’s Scorched Earth Prediction: $56K Bitcoin in the Horizon

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be cons

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Source: This article was aggregated from CoinDesk