$BTC , $86K and the Uncomfortable $60K Question 📌 Bitcoin is back above $86K, but Bloomberg Intelligence strategist Mike McGlone is warning that the recovery may still face a sharp reversal. His concern isn’t just crypto. The bigger pressure is coming from traditional markets: 📈 10Y Treasury yield → moving toward 5% 💵 Higher yields → give institutions an income-generating alternative 📉 S&P 500 risk → a sharp equity correction could drag Bitcoin lower too 🎯 Bitcoin range → McGlone sees tension between $100K and a possible move back toward $60K His “high-price cure” idea is simple: when prices run too far, demand can eventually cool. Bitcoin may be recovering now, but macro pressure is still sitting in the background. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#