How Bitcoin is guiding the next recession, strategist explains

Bloomberg Intelligence strategist Mike McGlone believes the ongoing slide in Bitcoin (BTC) and the broader cryptocurrency market may be offering an early signal of the next U.S. recession, rather than a routine pullback in speculative assets. In an X post on February 15, McGlone argued that what equity analysts may soon describe as a healthy correction could instead mark the unwinding of excess built up over more than a decade of aggressive dip-buying source: https://finbold.com/how-bitcoin-is-guiding-the-next-recession-strategist-explains/