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Despite #BlackRock's recent application for a Bitcoin exchange-traded fund ( #ETF ) raising #BTC's price, Bloomberg's senior macro strategist Mike McGlone has warned that Bitcoin may fall even more. In his most recent monthly report, released on Friday, #McGlone outlined some of the potential difficulties Bitcoin might run into, such as a potential equities bear market and central banks keeping an eye on it.

Despite #BlackRock's recent application for a Bitcoin exchange-traded fund ( #ETF ) raising #BTC's price, Bloomberg's senior macro strategist Mike McGlone has warned that Bitcoin may fall even more.

In his most recent monthly report, released on Friday, #McGlone outlined some of the potential difficulties Bitcoin might run into, such as a potential equities bear market and central banks keeping an eye on it.

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