
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
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