⚠️ "Crypto-storm" = a hint of crisis? How to play on Bloomberg's forecast ⚠️
Senior strategist at Bloomberg Mike McGlone compares the current volatility of crypto to the precursors of the crises of 1929, 1989, and the 2000s. His signal: the US 10-year bond yield is dropping below the 200-day MA → asset deflation. What does this mean for trading right now?
Key Ideas
• BTC is holding the lifeline at $92,000–$93,000. Losing this zone → leads to $86,000.
• BTC dominance > 54% — if it goes down, altcoins will drop the fastest.
• Volatility ≈ VIX curve 2020: a short impulse could yield x2 on futures.
Action Plan
⛑️ Money Management: risk ≤ 3% of capital on each position; take some profit at +5% movement.
❓ Did McGlone's scenario convince you? Hit "Trade" and comment on what order you opened: 1️⃣ short $BTC 2️⃣ short $ETH 3️⃣ short $XRP .
#BTC #ETH #MacroAlert #Volatility #CrashPlay #BinanceSquare #analysis #technicalanalyst