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简体繁體English
|Legacy
BTCBTC
💲66810.41
+
0.49%
ETHETH
💲2048.68
-
0.1%
SOLSOL
💲80.13
+
1.07%
WLDWLD
💲0.2641
-
0.79%
USDCUSDC
💲1.00
-
0%
XRPXRP
💲1.31
-
0%

Mike McGlone
Mike McGlone|Jan 07, 2026 12:06
Cryptos' Bear Market Rhymes With 1929-30: Ending 2025 down about 20% after rallying just over 20% to a new high, the Bloomberg Galaxy Crypto Index may have formed an enduring peak akin to the US stock market in 1929. My chart shows the crypto index's performance rhyming with the Dow Jones Industrial Average during that period, with the potential for retracing some 2025 losses before resuming the downtrend. In March 1930, the Dow was down less than 2% from the end of 1928. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t8hquckgzais {BI COMD} #bitcoin #stockmarket #gold @BBGIntelligence(Mike McGlone)
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Timeline

Feb 06, 01:57BTC bottomed out with a pin, rebound expected
Feb 05, 15:29The US dollar will rebound in the first quarter, and the strong trend of the British pound is expected to pause.
Feb 04, 07:55BTC needs to hold strong against the main support line
Feb 04, 07:24Spot silver returns above $90.
Feb 03, 10:31The crypto market has entered a bear market, or may end sooner.
Feb 02, 18:08BTC on-chain activity is picking up.
Feb 02, 16:04BTC / GOLD rebounds from the purple RSI downtrend
Feb 02, 14:52The drop in ETH price sparks ridicule
Feb 01, 19:11Market crashes occur frequently
Feb 01, 07:14BTC is still in a long-term upward channel

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