Bitcoin and crypto market to crash more - Bloomberg strategist
For Bitcoin, a critical price milestone is $25,000. March could swiftly show whether crypto will hold up in the face of the Fed's tightening monetary policies.
Cryptocurrencies need to prove themselves amidst concerns about the possibility of further decline and the potential for sellers to act strategically based on risk vs. reward.
McGlone's bias is clear-cut: risk assets must demonstrate resiliency at the beginning of March