A top Bloomberg analyst suggests Bitcoin’s bull run may not be sustainable, citing Trump’s influence and comparing Bitcoin’s performance to gold and the S&P 500. Concerns arise over Bitcoin’s correlation to the S&P 500 and a possible “peak bubble.” Analysts differ on Bitcoin’s future, with some predicting a $180,000 blow-off top.

Analyst Mike McGlone warns of potential trouble for Bitcoin if the S&P 500 fails to maintain gains. He also raises alarms about MicroStrategy’s declining share price and the possibility of a bear market. Despite differing opinions, analysts anticipate Bitcoin revisiting $100,000 support and reaching all-time highs, with uncertainty looming over market conditions.

While some analysts remain optimistic about Bitcoin’s future, concerns persist over external factors like tariffs and inflation. Betters on Polymarket are less confident in Bitcoin reaching new highs, signaling potential volatility ahead. Regardless of outcomes, winners and losers are inevitable by year-end.

Read more at Yahoo Finance: Bitcoin Bull Run May No Longer Be Sustainable, Expert Warns