{"id":511207,"date":"2025-11-07T17:30:25","date_gmt":"2025-11-07T17:30:25","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=769247"},"modified":"2025-11-07T17:30:25","modified_gmt":"2025-11-07T17:30:25","slug":"mike-mcglones-scorched-earth-prediction-56k-bitcoin-in-the-horizon","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/11\/07\/mike-mcglones-scorched-earth-prediction-56k-bitcoin-in-the-horizon\/","title":{"rendered":"Mike McGlone\u2019s Scorched Earth Prediction: $56K Bitcoin in the Horizon"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2025\/11\/shutterstock_2457915367-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Mike McGlone&#039;s Scorched Earth Prediction: $56K Bitcoin in the Horizon\" style=\"float:left;margin:0 15px 15px 0\" \/>Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be consistent with the behavior of the asset in similar bull runs that happened before. Bloomberg\u2019s McGlone Believes $56K BTC Possible if $100K Level Is Lost The [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has warned that after losing the $100K level, bitcoin could sink even deeper, reaching $56K. McGlone states that this would be consistent with the behavior of the asset in similar bull runs that happened before. Bloomberg\u2019s McGlone Believes $56K BTC Possible if $100K Level Is Lost The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":511208,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-511207","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/511207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=511207"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/511207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/511208"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=511207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=511207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=511207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}