{"id":56440,"date":"2025-11-09T14:00:12","date_gmt":"2025-11-09T11:00:12","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=56440"},"modified":"2025-11-09T15:56:34","modified_gmt":"2025-11-09T12:56:34","slug":"56440-2","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/56440-2\/","title":{"rendered":"Critical Warning for Bitcoin (BTC) from Bloomberg Analyst!"},"content":{"rendered":"<p data-start=\"268\" data-end=\"601\">Volatility has returned to the <a href=\"https:\/\/coinengineer.net\/blog\/why-is-the-crypto-market-rising-today\/\"><strong>crypto<\/strong> <\/a>market in recent weeks, and this turbulence is drawing sharp commentary from leading analysts. Bloomberg Senior Macro Strategist Mike McGlone is among those sounding the alarm, offering a stark assessment of <a href=\"https:\/\/coinengineer.net\/blog\/outflows-hit-bitcoin-and-ethereum-etfs-while-solana-funds-gain-momentum\/\"><strong>Bitcoin (BTC)<\/strong><\/a>\u2019s current price structure and warning investors about potential downside risks.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/56440-2\/#Market_Mood_Turns_Dark_%E2%80%9CSentiment_Is_at_Rock_Bottom%E2%80%9D\" title=\"Market Mood Turns Dark: \u201cSentiment Is at Rock Bottom\u201d\">Market Mood Turns Dark: \u201cSentiment Is at Rock Bottom\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/56440-2\/#Below_the_200-Day_Moving_Average_%E2%80%9C110000_Has_Turned_Into_Resistance%E2%80%9D\" title=\"Below the 200-Day Moving Average: \u201c$110,000 Has Turned Into Resistance\u201d\">Below the 200-Day Moving Average: \u201c$110,000 Has Turned Into Resistance\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/56440-2\/#Pressure_Extends_Beyond_Bitcoin_Crypto_Market_Underperforms_Traditional_Assets\" title=\"Pressure Extends Beyond Bitcoin: Crypto Market Underperforms Traditional Assets\">Pressure Extends Beyond Bitcoin: Crypto Market Underperforms Traditional Assets<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"603\" data-end=\"659\"><span class=\"ez-toc-section\" id=\"Market_Mood_Turns_Dark_%E2%80%9CSentiment_Is_at_Rock_Bottom%E2%80%9D\"><\/span>Market Mood Turns Dark: \u201cSentiment Is at Rock Bottom\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"661\" data-end=\"972\">Investor sentiment has deteriorated rapidly, according to analyst and fund manager James Lavish. Summarizing the atmosphere across the market, Lavish noted a dramatic erosion in investor confidence. He highlighted that long-term Bitcoin holders have collectively sold more than 400,000 BTC over the past month.<\/p>\n<p data-start=\"974\" data-end=\"1227\">Despite this significant sell-off, Bitcoin has managed to remain above the $100,000 mark\u2014a sign that buying pressure still exists even under prevailing market stress. Nevertheless, Lavish emphasized that the mood has shifted decisively toward pessimism.<\/p>\n<p data-start=\"1229\" data-end=\"1385\">McGlone takes this interpretation further. In his view, Bitcoin is losing grip on several key technical zones, increasing the likelihood of deeper declines.<\/p>\n<h2 data-start=\"1387\" data-end=\"1461\"><span class=\"ez-toc-section\" id=\"Below_the_200-Day_Moving_Average_%E2%80%9C110000_Has_Turned_Into_Resistance%E2%80%9D\"><\/span>Below the 200-Day Moving Average: \u201c$110,000 Has Turned Into Resistance\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1463\" data-end=\"1746\">McGlone pointed out that early on Monday, November 3, during U.S. trading hours, Bitcoin opened below its 200-day moving average\u2014a crucial level closely watched by traders. According to him, this area, now situated near $110,000, has flipped from support into a firm resistance zone.<\/p>\n<p data-start=\"1748\" data-end=\"1900\">Because of this technical breakdown, McGlone warned that Bitcoin may struggle to hold its current range. He cautioned investors with a direct statement:<\/p>\n<p data-start=\"1902\" data-end=\"2091\">\u201cIn my view, Bitcoin\u2019s probability of remaining above $100,000 is weakening. By Monday morning, November 10, it would not be surprising to see Bitcoin trading below the $100,000 threshold.\u201d<\/p>\n<h2 data-start=\"2093\" data-end=\"2175\"><span class=\"ez-toc-section\" id=\"Pressure_Extends_Beyond_Bitcoin_Crypto_Market_Underperforms_Traditional_Assets\"><\/span>Pressure Extends Beyond Bitcoin: Crypto Market Underperforms Traditional Assets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"2177\" data-end=\"2400\">McGlone also broadened his analysis to encompass the wider digital asset market. Strategy-focused crypto products have suffered sharp losses, and the Bloomberg Galaxy Crypto Index has fallen 1% since the beginning of 2025.<\/p>\n<p data-start=\"2402\" data-end=\"2624\">This performance stands in stark contrast to traditional equities. Over the same period, the S&amp;P 500 has gained roughly 16%, underscoring how significantly crypto has lagged behind conventional financial markets this year.<\/p>\n<p data-start=\"2626\" data-end=\"2887\">As analysts continue to scrutinize the technical and macroeconomic landscape, McGlone\u2019s remarks serve as a reminder that Bitcoin remains highly vulnerable in the short term\u2014even as long-term investors debate whether current levels represent risk or opportunity.<\/p>\n<p data-start=\"2626\" data-end=\"2887\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,<\/a>\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volatility has returned to the crypto market in recent weeks, and this turbulence is drawing sharp commentary from leading analysts. Bloomberg Senior Macro Strategist Mike McGlone is among those sounding the alarm, offering a stark assessment of Bitcoin (BTC)\u2019s current price structure and warning investors about potential downside risks. Market Mood Turns Dark: \u201cSentiment Is<\/p>\n","protected":false},"author":29,"featured_media":48905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[25436,61,1764,60,22690,5863],"class_list":["post-56440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-200-day-moving-average","tag-bitcoin","tag-bloomberg","tag-btc","tag-fall","tag-rise"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Critical Warning for Bitcoin (BTC) from Bloomberg Analyst! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Bloomberg senior analyst Mike McGlone has made a noteworthy assessment of Bitcoin (BTC)\u2019s current price position.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/56440-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Critical Warning for Bitcoin (BTC) from Bloomberg Analyst! 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