13h ago
Bloomberg Analyst Mike McGlone Warns Bitcoin Could Revisit $50,000 Support in 2026
On January 7, 2026, Bloomberg Intelligence senior strategist Mike McGlone warned that Bitcoin could revisit its long-term $50,000 support in 2026 if equity volatility returns, citing gold outperformance in 2025 as a cautionary signal. At press time, BTC traded at $92,136.48, down 1.76% on the day, with volume up 24.96% to $55.96 billion.