Liquidity Crunch Looms: Bloomberg Analyst Predicts Further Decline for Bitcoin

Liquidity Crunch Looms: Bloomberg Analyst Predicts Further Decline for Bitcoin


Coinpedia
2023-06-03 05:34:08

The post Liquidity Crunch Looms: Bloomberg Analyst Predicts Further Decline for Bitcoin appeared first on Coinpedia Fintech News Amidst growing concerns, Intelligence’s senior macro strategist, Mike McGlone, cautions that the worst may not be over for Bitcoin (BTC) as recessionary headwinds could push the cryptocurrency lower.  How recession will hit the entire crypto space, do we see more bloodbaths? Let’s hear McGlone’s version.  Bloomberg Analyst’s Bitcoin Liquidity Forecast In his latest Crypto Outlook …