Markets· ★★★· neutral·

Bitcoin Is a 'Stock-Market Puppet,' Bloomberg Strategist Warns as Whales Keep Buying

  • —McGlone: BTC is down about 4% this year while the S&P 500 is up about 3%
  • —The strategist maintains his prediction that Bitcoin could fall to $10,000
  • —Five wallets bought 1,076 BTC worth roughly $90.42 million in one day
  • —Whales accumulated 16,010 BTC over five days as price fell from $87,000 toward $80,000
Why it matters: The gap between bearish analyst calls and continued whale accumulation will shape market direction during the current drawdown.
Source: ZyCrypto