‘Peak Bubble’: Bitcoin To ‘Lose A Zero’, Drop To $10k Says Bloomberg Strategist | Mike McGlone
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Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, predicts that Bitcoin could crash, while gold rises and oil falls, as he believes markets are in a dangerous bubble that will burst with major volatility coming in the final months of 2025.Watch Mike's last interview with David: https://www.youtube.com/watch?v=o3K6S3fZh_g*This video was recorded on August 29, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW MIKE MCGLONE: Twitter (@mikemcglone11): https://x.com/mikemcglone11LinkedIn (@mike-mcglone-a8442513): https://www.linkedin.com/in/mike-mcglone-a8442513FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.1:22 - Bitcoin’s threshold, what’s next?7:49 - What would drive Bitcoin to seven figures?9:36 - Gold-oil ratio13:05 - Oil outlook15:25 - Gold analysis18:22 - Gold vs. Inflation22:25 - Fed policy25:13 - September commodity outlook28:20 - Copper30:21 - Bitcoin treasury companies34:43 - What will The Fed do next?#investing #economy #bitcoin
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