{"id":62539,"date":"2025-11-07T18:12:47","date_gmt":"2025-11-07T18:12:47","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/mike-mcglones-scorched-earth-prediction-56k-bitcoin-in-the-horizon\/"},"modified":"2025-11-07T18:12:47","modified_gmt":"2025-11-07T18:12:47","slug":"mike-mcglones-scorched-earth-prediction-56k-bitcoin-in-the-horizon","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/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><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<br \/>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;]<br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/mike-mcglones-scorched-earth-prediction-56k-bitcoin-in-the-horizon\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) 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 [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":62540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/62539"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=62539"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/62539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/62540"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=62539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=62539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=62539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}