Bitcoin and Oil Signal a 50% Market Crash | Mike McGlone Explains @cointelegraph
Bitcoin and Oil Signal a 50% Market Crash | Mike McGlone Explains  @cointelegraph
Uploaded March 2026 | Updated September 2026, 1 week ago
#Bitcoin #Crypto #Macroeconomics
Bloomberg Intelligence senior macro strategist Mike McGlone joins the show to discuss the global macro outlook amid the ongoing oil crisis and rising geopolitical tensions. In this interview, he explains why Bitcoin could be a leading indicator of a potential stock market correction, why “all assets are now risk assets,” and why the current market environment is starting to resemble the 2008 playbook, with rising volatility across commodities, crypto, and financial markets.

00:00 – Intro: Oil Shock, War Risk & Market Volatility
00:31 – Interview Introduction & Disclaimer
01:00 – Why the Iran Crisis Could Be a Market Opportunity
02:24 – “All Assets Are Now Risk Assets”
03:17 – How Serious Is the Current Oil Shock?
05:35 – Can Oil Prices Stabilize Despite the Iran Conflict?
07:30 – Could High Oil Prices Force the Fed to Cut Rates?
09:03 – Will the War Lead to More Money Printing?
10:07 – Why Inflation Is Still the Key Political Risk
11:31 – Commodity Volatility vs. Calm Stock Markets
13:33 – Why McGlone Sees a Potential 50% Stock Market Correction
15:21 – Could Bitcoin Bottom Before the Stock Market?
16:24 – Are US Treasuries the Best Trade Right Now?
17:50 – Why 2024–2025 Could Start to Look Like 2008
18:01 – Outro

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Bitcoin and Oil Signal a 50% Market Crash | Mike McGlone Explains

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