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November 7, 2025Bitcoin.com logoBitcoin.com

Mike McGlone’s Scorched Earth Prediction: $56K Bitcoin in the Horizon

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’s McGlone Believes $56K BTC Possible if $100K Level Is Lost The

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Government Shutdown Ends as Democrats Take Decisive Action

Government Shutdown Ends as Democrats Take Decisive Action

The government shutdown affecting cryptocurrency might end today with Democratic action. Bitcoin's price climbed due to Democrats' proposal including ACA subsidy extension. Continue Reading: Governmen...

CoinTurk News logoCoinTurk News
1 min
New Bitcoin highs could take 2 to 6 months but data says it’s worth the wait: Analysis

New Bitcoin highs could take 2 to 6 months but data says it’s worth the wait: Analysis

Bitcoin dropped 20% from its all-time high, leaving analysts split on whether a slow recovery or a fresh parabolic price breakout will happen in the next few months....

Cointelegraph logoCointelegraph
1 min
S&P 500, Nasdaq continue to decline as AI trade's downtrend persists

S&P 500, Nasdaq continue to decline as AI trade's downtrend persists

More on markets: The 'Smart Money' Is Increasingly Abandoning This Rally 7000 Or Bust: Why Equity Valuations Can Stay Elevated The Correction Is Just Getting Started Trump-Putin summit canceled after ...

Seeking Alpha logoSeeking Alpha
1 min