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Bloomberg Strategist: This Is The Defining Moment To Buy Bitcoin
The escalation of tensions between Russia and Ukraine continues apace, and all global markets have plummeted today. During this crisis, the leading cryptocurrency Bitcoin (BTC), which was trading for $34,000 at the time, retreated then recovered. дальше »
2022-2-25 22:18 | |
Bitcoin’s endurance suggests unlikelihood of ‘supercycle’ for commodities, says strategist
Bloomberg analyst believes Bitcoin’s rising value is bad for commodities, citing copper as an… The post Bitcoin’s endurance suggests unlikelihood of ‘supercycle’ for commodities, says strategist appeared first on Coin Journal. дальше »
2022-1-14 19:38 | |
Bitcoin And Ethereum Solid Bases Set Them Up For $100,000 And $5,000 Targets Before Year-End — Bloomberg Analysis
Bitcoin and Ethereum’s date with the $100,000 and $5,000 price levels respectively is still well on the course according to Bloomberg’s Mike McGlone. According to a recent report by the senior commodity strategist at the media powerhouse, Bitcoin and Ethereum are poised to rally later in the year despite the year starting on a slightly […] дальше »
2022-1-9 22:06 | |
Bloomberg’s Strategist Explains Why Shiba Inu’s “Short-Lived” Success Will Elevate Bitcoin’s Significance
Key takeaways Bloomberg’s Mike McGlone calls SHIB a brilliantly designed speculative asset. The strategist expects Bitcoin to solidify its position once risk-off sentiments return to the market. дальше »
2021-11-4 20:31 | |
Money managers with zero crypto exposure risk being left behind — Bloomberg strategist
Crypto has grown to become a $2.7 trillion asset class, with Bitcoin, Ether and DeFi attracting more institutional interest.
дальше »2021-11-4 19:20 | |
Ethereum Is Whimpering — But Bloomberg Senior Strategist Says Bulls Are Gunning For $5,000
Ethereum slumped below $4,000 earlier yesterday amid market-wide pullback as long-term holders took profits, but a confluence of wildly-bullish factors suggests the bulls are about to roar. Ether Primed For A Surge To $5K Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, harbors the opinion that Ethereum is right in the middle of the […] дальше »
2021-10-28 13:35 | |
Wall Street Strategist Puts Bitcoin As High As $168,000 By Year-End
Co-founder of Fundstrat and Wall Street Strategist Tom Lee has revealed his expectations for bitcoin before the year runs out. According to a Bloomberg report, Lee revealed that he had high expectations for the digital asset, which he believes would hit the $100,000 mark by the end of the year, and added that the asset could go as high as $168,000 before the year runs out. дальше »
2021-10-20 02:00 | |
Commodity strategist predicts Bitcoin ETF could get the nod in US next month
A Bitcoin ETF could be approved by U.S. regulators by October, according to Bloomberg Intelligence commodity strategist Mike McGlone. дальше »
2021-9-22 08:18 | |
Citing A Feasible US Bitcoin ETF Debut By October, Bloomberg’s Senior Strategist Calls $100k BTC Price
Key takeaways Mike McGlone, Bloomberg’s Intelligence and Commodity Strategist, predicts a Bitcoin ETF approval is likely by October. McGlone adds that it is most likely to be a futures based ETF. дальше »
2021-9-22 00:26 | |
Senior Commodity Strategist at Bloomberg Calls $100,000 BTC and $5,000 ETH the “Path of Least Resistance”
Mike McGlone, the senior commodity strategist at Bloomberg, argues that digital assets are poised to record new all-time highs now that they have survived the fierce market correction. In the September edition of Bloomberg Crypto Outlook, a monthly report on technical analysis, data, and insight on the crypto market, McGlone doubles down on his propitious […] дальше »
2021-9-7 20:18 | |
Bloomberg Strategist Reveals Next Focal Point For Bitcoin Based On The U.S. Treasury 30-Year Yield
Bloomberg’s Mike McGlone has reckoned that he is dovish on Bitcoin for the second half of 2021. The senior commodity strategist at Bloomberg made the call asserting that if the U. S. treasury 30-year yield sustained below 2%, Bitcoin and Gold and long bonds would in response bolster. дальше »
2021-8-27 18:55 | |
$100k Bitcoin Is Right Around The Corner, Bloomberg’s Senior Strategist Reckons
“This year is prime for Bitcoin to take the next step in its price-discovery stage and we see a refreshed bull market,” wrote strategist Mike McGlone in Bloomberg’s August crypto outlook. This is a sentiment that many Bitcoin proponents share and have continued to hold onto despite the market woes. Bitcoin creates $30k base; $100,000 […] дальше »
2021-8-9 19:27 | |
Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. […] дальше »
2021-7-25 08:00 | |
China’s Economy Has Plateaued Says Bloomberg Analyst
“China’s rejection of open-source software crypto-assets may mark a plateau in the country’s economic ascent, we believe,” says Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence. Hedge fund manager... дальше »
2021-7-25 17:52 | |
Bloomberg Strategist On Why $100k BTC Price In 2021 Is Meager By Bitcoin Standards
Market conditions in 2021 are perfect for bitcoin to reach and surpass the $100,000 price level according to senior Commodity analyst at Bloomberg Intelligence Mike McGlone. McGlone, who has recently been predicting (on a consistent basis) a positive outlook for bitcoin and the entire crypto market said that key factors that support this analysis include last year’s […] дальше »
2021-6-17 16:07 | |
Fidelity Strategist Says Bitcoin Bottom Is In As Price Holds Above $40,000
The past month has been a frightening one for crypto investors around the globe. Bitcoin has, however, made a steady recovery in recent days after plunging from one of the biggest sell-offs in May. That begs the question: What comes next? No one can tell for sure. дальше »
2021-6-16 20:04 | |
Bloomberg Strategist On Why Bitcoin Moving Past $40k Appears More Likely Than Crashing to $20k
On June 8, Bitcoin suffered yet another terrible run that particularly and severely liquidated the last batch of bullish investors, after plunging 8% to trade at around $33,200, on top of a 40% drop in the last one month. дальше »
2021-6-11 17:40 | |
Bloomberg Commodity Strategist Mike McGlone Believes Bitcoin Will Surge To $40k
After exploring the likelihood of capitulation in a recent tweet, Bloomberg Intelligence senior commodity strategist Mike McGlone feels bitcoin is “more likely” headed for $40K rather than $20K. El Savador Bitcoin Adoption Will Propel Bitcoin Following El Salvador’s announcement that bitcoin (BTC) is now legal cash in the country, bitcoin markets have increased on Wednesday. […] дальше »
2021-6-10 02:55 | |
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. дальше »
2021-6-10 22:30 | |
Ethereum’s Potential to Surpass Bitcoin in Market Cap Escalates: Bloomberg Strategist
Bloomberg commodity strategist Mike McGlone has talked up Ethereum via social media, claiming that the digital asset is to Fintech what Bitcoin is to gold. By definition, Fintech refers to any platform on which technology is used to automate financial transactions and, as McGlone would have it, Ethereum is superior to Bitcoin in such regard. […] дальше »
2021-5-29 21:05 | |
How Bitcoin And Ethereum Have Crossed The Rubicon Of Legitimazation
Bitcoin and Ethereum are at an inflection point. Beyond their prices, Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, believes digitalization of money and finance is accelerating. дальше »
2021-5-5 20:46 | |
Why Bitcoin could favor USD dominance over Digital Yuan
Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U. S. dollar over China’s digital Yuan. дальше »
2021-4-10 00:00 | |
Bloomberg’s Strategist Says $400k Bitcoin Price Would “Rhyme” With History
If Bitcoin’s present performance is compared to its performance in 2013, the top coin is on track to hit $400,000 despite multiple corrections, according to Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone. дальше »
2021-3-27 14:41 | |
What key milestones will Bitcoin face after hitting $80,000?
Senior Commodity Strategist at Bloomberg, Mike McGlone has been painting a bullish narrative for Bitcoin lately. In the past 24 hours alone, the strategist’s data revealed that investors were now seThe post What key milestones will Bitcoin face after hitting $80,000? appeared first on AMBCrypto. дальше »
2021-3-10 00:30 | |
Bloomberg Statistics: Institutions Prefer Bitcoin to Gold ETFs
There is a sharp uptick in the number of investors opting for Bitcoin over gold, data from Bloomberg Intelligence reveals. Bitcoin replacing the Old Guard A snapshot shared by Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, on Mar 8 points to convincing statistics showing an accelerated influx to Bitcoin in recent month. TheRead More дальше »
2021-3-10 20:00 | |
Bloomberg Chief Analyst Says Bitcoin Could “March To $100,000” From Here
Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here’s the data the senior commodity strategist says backs up the theory for the “nascent” cryptocurrency’s price doubling in short order. дальше »
2021-3-5 23:00 | |
'Markets want Bitcoin and digital dollar as reserve currency'
In his latest market insight, Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone said that financial markets may now want to replace US Dollar reserves with Digital Dollars and BitcoiThe post 'Markets want Bitcoin and digital dollar as reserve currency' appeared first on AMBCrypto. дальше »
2021-2-23 00:30 | |
Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel
Economist Frances Coppola and senior commodity strategist at Bloomberg Mike MgGlone clash on everything Bitcoin.
дальше »2021-2-21 22:13 | |
Gold’s devaluation will foster the $50,000 Bitcoin rally: Bloomberg’s Mike McGlone
An enormous inflow from gold to Bitcoin has been cited in the market. Bloomberg’s Mike McGlone, the Senior Commodity Strategist bared this out in a newly published analysis. In it, he says Bitcoin is in its “price discovery stage. дальше »
2021-2-5 22:28 | |