Mike McGlone|2月 07, 2026 18:00
$64,000 Bitcoin Support Could Be a Speed Bump -
If Bitcoin is a guide, 2024 may have marked the final stages of a risk-asset inflation cycle. Born of the financial crisis, the initial crypto sparked a historic speculative frenzy and infinite copycats that are unwinding. The graphic shows Bitcoin reverting to its mean and mode from the election year at about $64,000 -- a potential line in the sand. If $64,000 is breached, dominoes can tumble, with the stock market potentially next.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/ta1auakgzakg {BI COMD}
#bitcoin #stockmarket @markets(Mike McGlone)
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