Bitcoin’s Technicals Look Strong… So Why Is Mike McGlone Still Bearish?

Bitcoin’s technicals may be improving, but Bloomberg’s Mike McGlone says the fundamental headwinds remain too strong. With 10-year Treasury yields around 5% and Bitcoin still facing its real test against a major stock market drawdown, McGlone explains why he remains cautious despite the rally. #Bitcoin #BTC #MikeMcGlone #Crypto #BitcoinPrice #Investing #StockMarket #Macro #YouTubeShorts Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Mobile app: https://linktr.ee/cointelegraph_mobile Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.