Apr 09, 2026

Mike McGlone Says Bitcoin ETF Boom Peaked, Keeps $10K BTC Risk

TLDR Mike McGlone said Bitcoin may have peaked after the U.S. spot ETF launch. He said Bitcoin could fall from $72,000 toward $10,000. McGlone tied the rally to ETF inflows, politics, and late-cycle market conditions. He said Bitcoin ETFs lagged the S&P 500 on a risk-adjusted basis. He also said gold outperformed Bitcoin since spot [...]

The post Mike McGlone Says Bitcoin ETF Boom Peaked, Keeps $10K BTC Risk appeared first on Blockonomi.

Source: Blockonomi →