Bitcoin Bear Sees BTC Sliding Toward $10K, Says Strategy’s Saylor Must Be ‘Stopped Out’
The comments follow Strategy’s $216 million sale of Bitcoin on Monday to fund its STRC preferred stock program. Bitcoin is in a “severe, serious” bear market that is “just getting started,” according to Bloomberg Intelligence’s Mike McGlone. On Bitcoin’s performance this year, he said: “It’s a good sign that it’s probably heading towards 10,000.” “There’s … Read more