BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
Bloomberg senior commodity strategist Mike McGlone says he is still “really bullish” on Bitcoin but challenging conditions and pressure from interest-rate hikes could make the price stagnant or drop in the short term.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst

### Response: Bloomberg senior commodity strategist Mike McGlone says he is still “really bullish” on Bitcoin but challenging conditions and pressure from interest-rate hikes could make the price stagnant or drop in the short term.