Bloomberg Strategist Says Bitcoin on Track to Revisit Yearly Pivot at $50,000: Here’s Why

thecryptobasic2025-11-28 15:06:59

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Bloomberg Strategist Says Bitcoin on Track to Revisit Yearly Pivot at $50,000: Here’s Why

A well-known commodity strategist at Bloomberg Intelligence says there's a chance Bitcoin could collapse 45% from here to its yearly pivot. Notably, Bitcoin (BTC) has bounced over the past week, but the market still shows signs of stress from a longer timeframe.

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