Bitcoin is currently hovering around $87,000, in a market stagnation phase. Mike McGlone, senior macro strategist at Bloomberg Intelligence, is now taking a more cautious stance. He warns that the cryptocurrency could enter a post-inflation period marked by deflationary pressures, thus altering its risk profile and reducing long-term gain prospects. Once optimistic, McGlone now advises to view potential rebounds in 2026 as selling opportunities rather than buying opportunities.
The McGlone article urges caution on Bitcoin in 2026 in the face of deflationary pressures first appeared on Cointribune.
