Bloomberg strategist warns on Feb 7: BTC under $64,000 may spark risk selloff

On February 7, Bloomberg Intelligence's Mike McGlone warned on X that Bitcoin's move below $70,000 points to mean reversion toward a heavily traded $64,000 area. He flagged $64,000 as a key support level based on repeated tests and concentrated volume. BTC was at $69,464, up ~2% over 24 hours but roughly -11% on the week.