Bitcoin rebound is a bear-market bounce as McGlone maintains $10,000 downside view

Your call?🐂 Bullish🐻 Bearish

$10,000

Bitcoin downside target

$BTC

$81,352

-3.8%

Mike McGlone calls Bitcoin’s recovery a bear-market bounce, maintaining his $10,000 downside view as weak relative returns and potential Fed tightening weigh on his assessment.