{"id":545934,"date":"2026-01-23T20:52:41","date_gmt":"2026-01-23T20:52:41","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/01\/23\/bitcoin-trade-is-over-bloomberg-strategist-says-in-2026-macro-outlook\/"},"modified":"2026-01-23T20:52:41","modified_gmt":"2026-01-23T20:52:41","slug":"bitcoin-trade-is-over-bloomberg-strategist-says-in-2026-macro-outlook","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/01\/23\/bitcoin-trade-is-over-bloomberg-strategist-says-in-2026-macro-outlook\/","title":{"rendered":"\u2018Bitcoin trade is over,\u2019 Bloomberg strategist says in 2026 macro outlook"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWRmY2YtZDJmYS03MmQ4LWFiYzEtNWExYjlhOTM1ZjQ0.jpg\" alt=\"\u2018Bitcoin trade is over,\u2019 Bloomberg strategist says in 2026 macro outlook\" class=\"type:primaryImage\" \/><\/p>\n<p>Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026.<\/p>\n<p>Bloomberg Intelligence strategist Mike McGlone said he has reversed his long-term outlook on Bitcoin and the broader crypto market, arguing that investors should \u201csell the rallies\u201d across risk assets in 2026.<\/p>\n<p>In McGlone\u2019s view, the conditions that once made Bitcoin (<a href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>) compelling have changed fundamentally. What began as a scarce, disruptive asset has become part of a crowded and highly speculative ecosystem, increasingly correlated with equities and vulnerable to the same macro forces that drive traditional markets.<\/p>\n<p>He draws parallels with past market peaks, pointing to excessive speculation, the approval of exchange-traded funds (ETFs) and historically low volatility as warning signs. Bitcoin, he argues, has gone from being a hedge against the system to being firmly inside it, and that changes everything.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-trade-over-bloomberg-strategist-2026-macro-outlook-video\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Bloomberg commodity strategist Mike McGlone explains his bearish turn on Bitcoin outlook and broader market expectations for 2026. Bloomberg Intelligence strategist Mike McGlone said he has reversed his long-term outlook on Bitcoin and the broader crypto market, arguing that investors should \u201csell the rallies\u201d across risk assets in 2026. In McGlone\u2019s view, the conditions that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":545935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-545934","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/545934","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=545934"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/545934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/545935"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=545934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=545934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=545934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}