Mike McGlone is still bearish on Bitcoin — and he’s not backing away from his controversial $10K call. In this interview, McGlone explains why Bitcoin’s latest rally hasn’t changed his long-term thesis, why he believes the fundamentals still present major headwinds, and what could happen when the S&P 500 finally faces a major correction.
He also breaks down why Bitcoin and gold are increasingly behaving like “stock puppets,” why 5% Treasury yields matter, and what would actually make him reconsider his bearish Bitcoin thesis.
TIMESTAMPS
00:00 Is Bitcoin Still Heading to $10K?
01:15 Are Bitcoin’s Best Days Already Over?
03:35 The Real Bitcoin Test Hasn’t Happened Yet
05:51 Don’t Believe the Bitcoin Rally?
07:14 Is $100K Now a Sell?
08:11 Why Bitcoin & Gold Are “Stock Puppets”
10:37 Has Gold Lost Its Safe-Haven Status?
11:35 The Macro “Endgame”
13:34 What Would Kill the $10K Bitcoin Thesis?
15:35 Inflation, Deflation & the Bitcoin Case
17:24 What Happens If Stocks Drop 20%?
18:10 “The Glory Days Are Over”
19:40 The Trigger for the Next Big Trade
#Bitcoin #BTC #MikeMcGlone #Crypto #BitcoinPrice #Cryptocurrency #Investing #Markets #StockMarket #Macro #Gold #FederalReserve
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.
