Strategist names the only ‘top prerequisite’ preventing stock market crash

Bloomberg Intelligence strategist Mike McGlone has warned that the resilience of Bitcoin (BTC) could be the key factor preventing a U.S. stock market collapse similar to past deflationary downturns.  His analysis suggests that staying elevated may be the market’s last line of defense against a broader economic correction following the inflationary surge of recent years, McGlone said in an X post on October 19 source: https://finbold.com/strategist-names-the-only-top-prerequisite-preventing-stock-market-crash/