mcglone

🚨 Bitcoin vs Bonds Update

Bloomberg strategist Mike McGlone warns:

If Bitcoin stays below $80,000, it could signal further weakness against US Treasury bonds.

The IBIT/TLT ratio has dropped from a base of 100 (end of 2024) to around 81. This means Bitcoin is underperforming long-term US Treasuries despite being significantly more volatile.

Bitcoin is currently trading near the $77,500 zone.
This is not a direct crash prediction — it’s a relative performance warning that could have broader implications for risk assets.
What’s your take? Will Bitcoin reclaim $80k soon, or does more pressure lie ahead?
$BTC
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