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🤔 Bloomberg's senior strategist Mike McGlone predicts that the price of Bitcoin could fall to $50,000.
He notes that the reduction in the volatility of the SP500 index to historically low levels creates unstable conditions for risky assets.
He also points out the additional risk associated with Donald Trump's unpredictable policies.
In his opinion, a Bitcoin level of around $100,000 could be a suitable point for opening a short position with the aim of returning to an average value of approximately $50,000.
#BTC #Bitcoin $BTC