Despite the bullish narrative around the recently approved spot Bitcoin ETF and the imminent Bitcoin halving, 2024 may be a tough year for Bitcoin. Mike McGlone, senior commodity strategist at Bloomberg, explains why Bitcoin is likely to underperform in the upcoming months and which assets are likely to come out ahead. Join us at Blockshow! blockshow.cointelegraph.com/blockdown-asia2024/ Want to join the Cointelegraph team? Check out cointelegraph.com/careers. #Bitcoin #cryptocurrency #news Follow COINTELEGRAPH: Website: cointelegraph.com/ Telegram: t.me/cointelegraph Facebook: www.facebook.com/cointelegraph Twitter: twitter.com/cointelegraph Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.