Bitcoin (BTC) In ‘Autocorrelation Hangover’ Mode: Mike McGlone

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Bitcoin (BTC) In 'Autocorrelation Hangover' Mode: Mike McGlone

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence suggests that Bitcoin might be experiencing an “autocorrelation hangover.” McGlone’s position is premised on data from the 100-week Moving Average of Gold against Bitcoin shared in a chart by Bloomberg Intelligence.

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