đ Bitcoin's Rollercoaster: Is the Ride Over? đą
Bitcoin (BTC) is still feeling a bit woozy, struggling to regain its all-time highs. Bloomberg's Mike McGlone suggests the crypto party might be winding down. BTC is now 11x the value of the S&P 500, down from its 15x peak in 2020.
McGlone quips, "Is the fastest horse signaling the race is over?" With BTC hovering around $60,000, traders are eyeing either a breakout to new highs or a dip as a buying opportunity.
What do you think? Is Bitcoin just catching its breath or is the race really over? Drop your thoughts below! đŹ
