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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


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$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


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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


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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


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


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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


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Майк МакГлоун: «биткоин может достичь $400 000 в этом году»

Аналитик издания Bloomberg Майк МакГлоун (Mike McGlone) считает, что биткоин стал одним из наиболее безопасных активов и уже в этом году курс BTC может достичь $400 000. дальше »

2021-3-29 09:28


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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


This strategist's data suggests an accelerating pace of Bitcoin replacing Gold

Commodity Strategist Mike McGlone shared on Twitter recently that his data points to an accelerating pace of Bitcoin replacing Gold “as a store of value in investor portfolios.” While the preciousThe post This strategist's data suggests an accelerating pace of Bitcoin replacing Gold appeared first on AMBCrypto. дальше »

2021-3-9 00:00