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 →Related News
- 2 hours ago
Bitcoin Funding Rates Stay Negative Despite Price Gains — What This Means
- 7 hours ago
Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Far...
- 10 hours ago
Metaplanet Issues ¥8B Bonds to Expand Bitcoin Holdings
- 11 hours ago
Bloomberg Analyst Sees Rare Reversal in Bitcoin ETF Flows
- 11 hours ago
Riot Platforms Moves Another $39M in Bitcoin to NYDIG
