📉 S&P 500 Drops — But Bitcoin Holds the Line!
While traditional markets dipped nearly 10%, Bitcoin flexed its muscles and bounced back to break-even for the year — a move Bloomberg’s Mike McGlone sees as major strength. With both BTC and gold up 42%, the crypto giant is proving it's more than just a trend.
⚠️ A Storm Ahead? Recession Risks Loom
Despite Bitcoin’s gains, McGlone warns of a brewing storm: a possible recession could send both stocks and crypto into a nosedive. He draws bold comparisons to 1929, Japan’s 1989 crash, and the dot-com bust, suggesting that crypto’s speculation and token oversupply could fuel a painful crash.
💬 Could Bitcoin Still Beat Gold in a Crash?
With central bank debates and market fears rising, could Bitcoin become the ultimate hedge? Or will history repeat itself with a crash landing?
Let us know in the comments — is BTC ready for a recession, or will it fall with the rest?
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