Bloomberg Forecasts Bitcoin’s Entry into ‘Supercycle,’Targets $500K Mark

A Bloomberg report sheds light on Bitcoin's meteoric rise, sparking fervent discussions in the crypto sphere. Uncover the diverse perspectives The post Bloomberg Forecasts Bitcoin’s Entry into ‘Supercycle,’Targets $500K Mark appeared first on BeInCrypto.

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Will Bitcoin Price Crash To $10,000? Bloomberg Expert Reveals When

Many analysts have weighed on the potential trajectory of the flagship cryptocurrency, Bitcoin. This time, Bloomberg analyst Mike McGlone has highlighted the possibility of Bitcoin price declining further and when this could happen.

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Bitcoin Can Still Crash to $10,000 in Q4, Says Bloomberg Analyst

Chief commodity strategist Mike McGlone of Bloomberg Intelligence believes downside risks remain for Bitcoin as central banks continue aggressive interest rate hikes. In a tweet Monday, he suggested Bitcoin could yet decline to $10,000 this year absent a pivot toward policy easing.

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Bitcoin May Plunge to $10,000, Bloomberg's Chief Expert Assumes

Leading expert of Bloomberg Intelligence expects continuation of Bitcoin's downward movement

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Bitcoin’s Carbon Footprint ‘Overstated,’ Says Bloomberg Analyst

New data from Bloomberg suggests Bitcoin mining's contribution to carbon emissions has fallen by 38% since China banned the activity. The post Bitcoin’s Carbon Footprint ‘Overstated,’ Says Bloomberg Analyst appeared first on BeInCrypto.

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Bitcoin energy use up but carbon emissions drop, Bloomberg crypto analyst reveals

Quick Take Bloomberg crypto market analyst Jamie Coutts stated that carbon emissions have declined despite an increase in Bitcoin energy usage. Over the last few years, the Bitcoin hash rate – the computational power dedicated to Bitcoin mining – has quadrupled.

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There’s A 50% Chance BlackRock’s Spot Bitcoin ETF Gets Greenlight From SEC, Top Bloomberg Analyst Predicts

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Bitcoin Expected to Surge Vs. Tesla, Here’s Why: Bloomberg’s Mike McGlone

Bloomberg’s prominent strategist believes Bitcoin has a potential to rebound against Tesla shares

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Bitcoin May Soar After Current "Discount," If History Repeats Itself: Bloomberg's Chief Analyst

Major analyst of Bloomberg names past cases when Bitcoin nosedived as now and then spiked

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Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg.

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Analyst on Bitcoin - 'Risk v. rewards is tilting towards...'

Mike McGlone, Senior Commodity Strategist at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022. On 6 July, McGlone tweeted his observations, noting that the Bloomberg GaThe post Analyst on Bitcoin - 'Risk v.

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Bitcoin Hangs By A Thread As Stock Market Indices Signal Weakness; Asserts Bloomberg Senior Strategist

Bitcoin, the largest cryptocurrency by market cap is likely going to keep getting battered if the stock market declines according to Bloomberg’s Mike McGlone. Bitcoin To De-peg From Stock Indexes, Just Not Yet Referring to an Op-Ed he published earlier last week, McGlone, who is a senior commodity strategist at Bloomberg Intelligence pegs Bitcoin’s recent […]

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Bitcoin and Ethereum Are in Early Adoption Days, Says Bloomberg Intelligence Analyst

Bloomberg’s Mike McGlone is convinced that the prices of Bitcoin and Ethereum will most likely continue marching higher

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Bitcoin Is In A Consolidating Bull Market, Only ‘A Question Of Time’ Until $100k — Bloomberg Intelligence

The outlook for 2022 is highly bullish for Bitcoin according to Bloomberg Intelligence. In their latest report, BI asserted that Bitcoin appears to be on a trajectory for $100,000 in the coming year even as it heads towards becoming a “global digital collateral.

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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.

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Bitcoin May Still Hit $100,000 in 2021 as Funds Keep Leaving Gold for BTC: Bloomberg’s Mike McGlone

Bloomberg's chief commodity expert explains why Bitcoin may still reach $100,000 this year, despite the correction and what he has been underestimating about BTC

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U.S. Regulation Unlikely to Disrupt Bitcoin's Advance: Bloomberg’s Mike McGlone

Chief Bloomberg’s expert on commodities believes that US regulatory measures will be unable to prevent Bitcoin from advancing

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Bitcoin May Rise to $44,000, According to This Pattern: Bloomberg

Bloomberg analytics explain why Bitcoin has the potential to reach the $44,000 level soon

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Bitcoin Is More Likely to Resume Moving to $100,000 Than Stay Under $20,000: Bloomberg Report

Bloomberg Crypto Outlook says that Bitcoin is unlikely to sustain below $20,000 but should be on track to hit $100,000 again

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Bloomberg's Mike McGlone Claims $100,000 Still in Cards, Shares Strong Bitcoin Underpinnings for 2021

Chief Bloomberg strategist believes that Bitcoin will reach $100,000 despite the setback and has shared some strong factors at play for BTC this year

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In Bullish Report, Bloomberg Predicts $400,000 Bitcoin Price In 2021

In its latest monthly “Crypto Outlook” report, Bloomberg outlined the “rising bitcoin adoption tide” with some bullish sentiment.

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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

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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.

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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.

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Bloomberg's Commodity Strategist Praises Bitcoin's Staying Power Above $30,000

Bloomberg's senior commodity strategist, Mike McGlone, expects Bitcoin to break away from the Dow

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Bloomberg lists 5 bullish trends for Bitcoin price despite ‘Thanksgiving crash’

Bloomberg praises market depth and liquidity, agreeing that conditions are much better now than during Bitcoin’s 2017 bull run.

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Bloomberg's Commodity Strategist Expects "Parabolic" 2021 for Bitcoin

Bloomberg's commodity strategist, Mike McGlone, foresees a parabolic rally for Bitcoin

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Bloomberg Analyst Mike McGlone Says Bitcoin Price Eyeing $13,000 Resistance

Bitcoin is staging a ?caged bull set for a breakout,? according to Bloomberg?s senior commodity strategist Mike McGlone

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Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown

Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold.

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Bloomberg Analyst Who Predicts $28,000 Per Bitcoin Shares His Latest Take on Top Cryptocurrency

Bloomberg's commodity strategist says Bitcoin is regaining its 'price-appreciation' advantage

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Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg

Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year. According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.

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Bitcoin Is Rapidly Transitioning Away From A Risk Asset – Bloomberg Analyst

The number of active Bitcoin addresses is increasing while the volatility which it has always been associated with has begun to decrease, thanks to the macroeconomic context in which the markets are currently immersed, according to Bloomberg’s digital report of May.

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Bitcoin Stock-to-Flow Model is Complete Nonsense, Rips Bloomberg Editor

As bitcoin price heads down, Bloomberg's Joe Weisenthal is out to destroy the cryptocurrency's most important bullish indicator. The post Bitcoin Stock-to-Flow Model is Complete Nonsense, Rips Bloomberg Editor appeared first on CCN.com

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Bitcoin Price in 2020: Bloomberg Analyst Predicts That $10,000 Is More Likely Than $5,000

The Bitcoin price could surge above $10,000 in 2020 after taking a breather in late 2019, according to Bloomberg's strategist?Mike McGlone

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Token Outperformed Bitcoin in 2019 According to Bloomberg News

Bloomberg News published its annual review of the top 10 cryptos. XLM and XRP are the worst, and Bitcoin won second place. Guess who outperformed Bitcoin?

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Bloomberg: Bitcoin (BTC) will hit $10K, it’s a matter of time!

Bloomberg published its Bitcoin forecast for 2020, in which it claims that BTC for $10K is just a matter of time. In the forecast it is also stated that Bitcoin will drop to $ 6,500 before rising: – Increasing adoption of Bitcoin, the digital quasi-currency with limited supply, tilts our price outlook on the first-born […]

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Bloomberg Financial Expert Panel: Bitcoin’s Fondness Will Rise in Troublesome Times

During the Future of Digital Assets briefing at London, a group of market leaders in wealth management and fintech sat down with Bloomberg's Alastair Marsh to discuss the importance and necessity of Bitcoin in the context of ongoing trade wars, geopolitical uncertainty, and Brexit.

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Bloomberg Bitcoin ‘FUDster’ Promoted ‘Faketoshi Wannabes’ Last Year

A Bloomberg journalist who published a ‘bitcoin manipulation FUD’ article yesterday was called out for promoting Satoshi Nakamoto wannabes in June last year.   One of Bloomberg’s journalists, going by the name of Matt Leising, caught the attention of the bitcoin and crypto Twitter community yesterday for his latest article on a ‘new Tether FUD’.

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Bitcoin Battle: eToro?s Chief Analyst Mati Greenspan Bashes Popular Bloomberg TV Anchor for Speaking against Bitcoin ETFs

eToro?s Mati Greenspan publishes an open letter to a top Bloomberg TV anchor Joe Weisenthal, who has recently spoken critically of Bitcoin and BTC ETFs on Twitter

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Bitcoin Price Rises as China and US Back on Trade War Track: Bloomberg

Bloomberg reports that as Chinese yuan is going down on charts, the Bitcoin price is rising as investors are hedging their risks against the RMB plunge

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Bloomberg Newsletter Bashes “Annoying” Bitcoin Evangelists

Bitcoin will never supplant the US dollar, believes Joe Weisenthal of Bloomberg Markets. The chief editor today invited bitcoin evangelists to fight his belief as the cryptocurrency soared towards the $10,500 valuation.

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Bitcoin Could Get Stuck in $8k-20k Range Endlessly: Bloomberg Analyst

Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence. The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading it on the spot.

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Smaller Holders Caused Latest Bitcoin Rally, Bloomberg Reports, But Did They Really?

A recent report by Bloomberg cites a reduction in the number of idle Bitcoin wallets as a primary reason for the latest price surge. But is that really the case? Idle Bitcoin Wallets Plunge Citing a research from market intelligence firm Flipside Crypto, Bloomberg reports that a high number of Bitcoin wallets have become active […] Smaller Holders Caused Latest Bitcoin Rally, Bloomberg Reports, But Did They Really? originally published on My Bitcoin News by Yordan Lyanchev.

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Bitcoin (BTC) Boom Was An “Anomaly,” Yet Crypto Indicators Are Still Bullish

Bloomberg Journalist Bashes Bitcoin For Being Correlated Yesterday, Sonny Singh, the chief commercial officer of fintech startup Bitpay, sat down with Bloomberg Opinion’s Stephen Gandel and host Emily Chang to talk about the Bitcoin price.

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Bloomberg Analyst Says That Bitcoin Speculators Are Leaving the Market and Its Price Is Bottoming

A recent Bloomberg article quoted Bloomberg Intelligence analyst Mike McGlone, who said that Bitcoin’s current low volatility is “a sign of speculation leaving the market and eventually a bottoming process.

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Bitfury Mining Company Planning an IPO, and a Potential $3 Billion Valuation

Bloomberg reported on Oct. 25th that Bitfury, one of the largest cryptocurrency mining companies in Europe is considering to go public and if it does happen, it will be Europe’s first major listing by a crypto firm.

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Bitcoin Is “Pseudonymous” And Not Anonymous As Authorities Continue To Track BTC Transactions

A U. S based finance reporter that concentrates more on Cryptocurrency disclosed that her conversation with an FBI agent has reveal that the usage of Bitcoin transaction in the black market has dropped drastically practically due to the fact that officials can now track transactions.

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Experts Believe Speculation is Leaving the Bitcoin Market

Bitcoin’s price volatility has dropped dramatically in recent months, and experts interviewed by Bloomberg believe the low volatility could be an indication that Bitcoin has hit bottom.

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Bitcoin Mining Company Bitfury Considers European IPO

Most famously known for their cryptocurrency mining ASIC chips, Bitfury is reportedly interested in public on a major stock exchange in 2019, reported Bloomberg on October 25, 2018.   The mining company has had talks with global investment banks with countries all through Europe in preparation for a trading debut in Amsterdam, London or Hong Kong.

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