• Mike McGlone said Bitcoin was “rolling over from an extended plateau akin to 2018 and 2022.”

• He said that “dominoes could tumble” if it failed to prove strength.

• Fidelity’s Jurrien Timmer said “a new 4-year cycle bull market could be underway” for Bitcoin, adding that “bull markets rarely start with” a narrative.

Mike McGlone, a Bloomberg Intelligence senior commodity strategist, said on Sunday that Bitcoin (BTC) “may have to prove strength, because if it doesn’t, dominoes could tumble” for stocks and metals, even as Fidelity’s Jurrien Timmer said a new bull market for crypto could already be underway.

McGlone explained that Bitcoin was “rolling over from an extended plateau akin to 2018…