Bitcoin's Bounce Is a 'Gift To Sell,' Bloomberg's McGlone Cautions
Bitcoin rebound may be a selling opportunity, Mike McGlone warns, as 30-year Treasury yields hit their highest since 2007.
Bitcoin went up recently, but one expert thinks it might drop again soon because interest rates are high. When something gets expensive fast, smart investors sometimes wait to see if prices come back down before buying.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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