Bloomberg's senior commodity strategist Mike McGlone says Bitcoin could be on the verge of developing a 'potential island bottom' similar to 2018, but with one major nagging difference.
just yet as there are challenging macroeconomic conditions and pressure from interest-rate hikes.
"Liquidity is being pulled away still and if the NASDAQ breaks down, everything breaks down, Bitcoin is going to be part of it."Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’
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