Bloomberg Analyst Expects Bitcoin Below $84,000 by Year-End

Mike McGlone, senior commodity strategist at Bloomberg Intelligence, expects Bitcoin to close 2025 below $84,000. McGlone, who has more than 25 years of futures trading experience, views a sub-$84,000 finish as more likely than a rally above $94,000. He cites risk-off sentiment across equities and commodities as the primary driver.