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#GoldandSilverHitNewHighs 📰 ‘Bitcoin trade is over,’ Bloomberg strategist says in 2026 macro outlook
🔴 Sentiment: Bearish
📝 Summary:
Bloomberg strategist McGlone turns bearish on Bitcoin, advising to "sell rallies" in 2026. BTC now correlates with equities, losing its hedge status. Gold's surge may signal broader instability.
🔑 Key Points:
• Bitcoin now part of crowded, speculative ecosystem, tied to equities
• ETF approvals, low volatility, excess speculation mirror past market peaks
• Gold’s rally hints at macro instability, broader risk-asset caution