PANews
PANews|8月 24, 2026 07:24
[Bloomberg Analyst Mike McGlone Criticized for Bearish Bitcoin Stance, Real Vision Analyst Speaks Out in Support] Bloomberg analyst Mike McGlone has faced significant criticism and attacks for his bearish stance on Bitcoin. Real Vision's Chief Crypto Analyst Jamie Coutts publicly expressed support via a tweet. Jamie stated that he has great respect for Mike, noting that before joining Bloomberg as a dedicated crypto analyst, Mike was already a staunch supporter of Bitcoin and had identified stablecoins as the next major trend as early as 2019. Jamie emphasized that the market needs the freedom to express diverse opinions; otherwise, it ceases to be a true market. In February of this year, Mike McGlone lowered Bitcoin's target price to $28,000; in mid-August, he predicted Bitcoin would drop to $10,000.
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