Bloomberg’s Mike McGlone, a man who wears his bearish hat like a second skin, has declared war on Bitcoin’s aspirations. “BTC,” he crooned in a tone both grave and theatrical, “shall plummet to $50,000-unless gold’s glittering grin spares you.”BTC$91 09724h volatility:0.0%Market cap:$1.82 TVol. 24h:$49.32 B-numbers that might as well be hieroglyphs to a man drowning in his own forecasts.
Gold, the old-world aristocrat, has been dancing upward since 2025, a 60% waltz into 2026. One might say it’s enjoying the spotlight, while Bitcoin, once the crypto prodigy, now fiddles with liquidity issues and a nagging sense of irrelevance.
The liquidity of Bitcoin, once a roaring fire, now flickers like a dying lamp. Gold, meanwhile, basks in its gilded glory, indifferent to BTC’s existential crisis.
Bitcoin Price Can Crash to $50,000 in 2026
In a recent X post, McGlone-a prophet of doom with a Bloomberg endorsement-predicted BTC’s return to the $50,000 realm. “Equities might shield you,” he offered, “but volatility will remind you who’s in charge.” A poetic warning, if one ignores the sarcasm dripping from every word.
Bitcoin, currently trading below $90,000, seems to have forgotten its October high of $126,000. Even the Fed’s rate cuts feel like a consolation prize in this drama.
McGlone, ever the Shakespearean villain, hinted at a 90% crash to $10,000 last December. One wonders if he’s drafting a sequel titled The Fall of BTC: A Tragedy in Four Acts.
Bitcoin Capital Inflows Slow as Liquidity Diversifies, Says CryptoQuant CEO
Ki Young Ju, CEO of CryptoQuant, declared that Bitcoin’s capital inflows are “drying up faster than a teacup in a desert.” He waxed poetic about diversified liquidity channels and institutional holders disrupting the “whale-to-retail sell cycle.” A modern-day fable, perhaps?
“Capital inflows into Bitcoin have dried up,” Ju proclaimed, as if reciting a eulogy. “Liquidity channels are diverse now… Institutions holding long-term killed the old whale-retail sell cycle. MSTR won’t dump their BTC.”
– Ki Young Ju (@ki_young_ju) January 8, 2026
Ju’s wisdom? Capital has fled to equities and commodities, leaving Bitcoin to ponder its relevance. No 50% drawdown, he insists-just a “mild comedown.” A silver lining for those who forgot to panic.
Bitcoin Hyper Presale Surpasses $30 Million as Layer-2 Platform Gains Momentum
Bitcoin Hyper, the Layer-2 platform, is now a darling of the crypto world, raising $30.2 million. Investors flock like moths to a flame, hoping it will solve Bitcoin’s scalability woes. Or perhaps they’re just chasing the next meme coin.
Tokenomics of Bitcoin Hyper
- Ticker: HYPER
- Price: $0.13545
- Funds Raised: $30.266 million
HYPER promises faster transactions and lower fees. A dream? Possibly. A reality? Only time will tell. But for now, it’s the crypto equivalent of a standing ovation.
If you wish to join the HYPER presale, do so quickly-before the next market selloff turns your portfolio into a Chekhovian tragedy.
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2026-01-09 02:01