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From 'Digital Gold' to $10,000: Bloomberg Strategist Flags Crucial Bitcoin Sell Signals

U.Today·September 13, 2026·1 min read
From 'Digital Gold' to $10,000: Bloomberg Strategist Flags Crucial Bitcoin Sell Signals

Bloomberg strategist Mike McGlone warned that Bitcoin's tight correlation with the S&P 500 and pending Fed hikes signal sell-off risk, possibly targeting a drop to $10,000. He noted this could challenge the 'digital gold' narrative, though the view is bearish.

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