Market analyst Mike McGlone just dropped a warning that's got people talking: Bitcoin's recent drop from its 2025 peak might be screaming "recession ahead." His take? Look at what's happening around us—gold hitting record highs, bond yields tanking, volatility spiking. Sound familiar? He's drawing parallels to the deflationary spiral we saw rolling into 2008. The pattern's there: when BTC slides while safe havens rally and yields collapse, it's rarely just a crypto thing. It's the market pricing in something bigger. Whether you buy the recession narrative or not, these signals are hard to ignore when they all point the same direction.

BTC2.09%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GovernancePretendervip
· 12-06 17:52
History is always astonishingly similar
View OriginalReply0
FlyingLeekvip
· 12-06 17:52
Retail investors need to make way for the insiders.
View OriginalReply0
LonelyAnchormanvip
· 12-06 17:49
History always repeats itself.
View OriginalReply0
GasFeeCryvip
· 12-06 17:43
The bull market will come sooner or later.
View OriginalReply0
MysteriousZhangvip
· 12-06 17:41
History always repeats itself remarkably.
View OriginalReply0
LayerZeroHerovip
· 12-06 17:37
Gold has reached a new all-time high again.
View OriginalReply0
ContractSurrendervip
· 12-06 17:29
The drop is way too ridiculous.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)