Bitcoin's $100K Breakout Could Mirror 2008 Oil Peak, Mike McGlone Warns
- —McGlone compared a $100,000 breakout to oil above $100 a barrel in 2008
- —He sees the first monthly close above $100,000 as a potential top
- —The analyst warns the level may prove hard for BTC to hold
Why it matters: The warning flags reversal risk at a historic high for BTC holders planning to sell near $100,000.
Source: CCN — Crypto News