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📉 Mike McGlone of Bloomberg Intelligence analyzes market trends: Funds are flowing into safe assets due to prevailing market conditions. He notes the 100-week moving average's downward trajectory might outweigh the 50-week's upward trend. Rising crude oil prices also strain liquidity. 🛢️ #bitcoinworld #marketanalysis #bloomberginsights
📉 Mike McGlone of Bloomberg Intelligence analyzes market trends: Funds are flowing into safe assets due to prevailing market conditions. He notes the 100-week moving average's downward trajectory might outweigh the 50-week's upward trend. Rising crude oil prices also strain liquidity. 🛢️ #bitcoinworld #marketanalysis #bloomberginsights