If you're in the crypto space, you've probably heard a lot of talk about the "end of crypto winter."
Image by Benjamin Nelan from Pixabay
As Bitcoin (BTC) bulls fight hard to keep the New Year's rally rolling, one expert is sounding the alarms.
So far, 2023 has seen the onset of a sensational recovery from the depths of December.
BTC has gained +31% YTD in price action that has reinvigorated markets. Many influencers on crypto Twitter have been quick to label it the end of crypto winter.
The warning bells come from none other than Mike McGlone - the 'man behind the dashboard.' A pundit known in recent years for mainstreaming Bitcoin in financial media. McGlone is a former Head of Research and Strategy at ETF Securities turned Bloomberg' Senior Macro Strategist.
Bitcoin (BTC) may be rolling over, but McGlone believes there's still more to come: "We could see another 20%+ rally after this week's close if risk-assets hold up and decouple from real economy concerns."
If you're in the crypto space, you've probably heard a lot of talk about the "end of crypto winter."
As Bitcoin (BTC) bulls fight hard to keep the New Year's rally rolling, one expert is sounding the alarms.
So far, 2023 has seen the onset of a sensational recovery from the depths of December.
BTC has gained +31% YTD in price action that has reinvigorated markets. Many influencers on crypto Twitter have been quick to label it the end of crypto winter.
The warning bells come from none other than Mike McGlone - the 'man behind the dashboard.' A pundit known in recent years for mainstreaming Bitcoin in financial media. McGlone is a former Head of Research and Strategy at ETF Securities turned Bloomberg' Senior Macro Strategist.
Bitcoin (BTC) may be rolling over, but McGlone believes there's still more to come: "We could see another 20%+ rally after this week's close if risk-assets hold up and decouple from real economy concerns."