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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 | |
The 'ideal' store of value and what the Bitcoin standard 'fixes'
While Bitcoin traders and traditional gold investors seem fated to clash, a debate between Bitcoin strategist Greg Foss and gold bug Peter Schiff on Peter McCormack's What Bitcoin Did podcast led to rThe post The 'ideal' store of value and what the Bitcoin standard 'fixes' appeared first on AMBCrypto. дальше »
2021-9-12 02:30 | |
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 | |
Bitcoin Crashing To $20k Still Very Likely – Chief Market Strategist Avers
Bitcoin is still trending in dangerous waters that could see its price slump into a deeper correction, an expert market analyst has now warned. Speaking to a media outlet, Kitco News on Friday, Gareth Soloway, the chief market strategist of InTheMoneyStocks. дальше »
2021-8-24 16:12 | |
JPMorgan: CBDC Development Should Not Disrupt Existing Banking Infrastructure
Banks represent the commercial financial infrastructure in any given economy and therefore should not be under the threat of being phased out by the development of central bank digital currencies, according to JPMorgan’s strategist Josh Younger. дальше »
2021-8-9 00:14 | |
$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 | |
Chief Market Strategist Watching Possible W-Bottom Formation In Ethereum
According to a chief market strategist, Ethereum could form a possible w-bottom, an indicator that usually suggests a bull market. Strategist: Ethereum Might Form A “Higher High” In a call with MarketWatch, Matt Maley has said that ETH could be moving in a bullish direction if certain conditions are met. дальше »
2021-8-2 22:00 | |
Why This Strategist Believes Cardano, Ethereum, and Bitcoin Will Lead The Crypto Pack
Cardano’s native token ADA has the potential to become a mainstream cryptocurrency alongside Ethereum’s Ether and Bitcoin, according to Amy Arnott, a portfolio strategist for the US-based financial services firm Morningstar. дальше »
2021-7-31 17:01 | |
Bitcoin To Reach New All-Time Highs, Market Strategist
Market strategist Michael Lee says that he sees bitcoin reaching new all-time highs. Lee was on Fox Business Monday in an interview to talk about his outlook on bitcoin. Lee is the founder of investment firm Michael Lee Strategy which offers wealth planning and investment management to clients. дальше »
2021-7-28 02:00 | |
Market Strategist: Bitcoin can hit new all-time high, but not due to Amazon chatter
Michael Lee Strategy founder Michael Lee discussed the future of Bitcoin on FOX Business on Monday, July 26. He argued that the “best days” of Bitcoin are ahead as the king of cryptos gains momentum. дальше »
2021-7-27 17:43 | |
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 | |
Ether Futures Debut on CME Group Next Week to Mark a Local Top?
JPMorgan strategist sees the listing of Ether futures result in “negative price dynamics,” but the market is saying something else. The post Ether Futures Debut on CME Group Next Week to Mark a Local Top? first appeared on BitcoinExchangeGuide. дальше »
2021-7-19 05:00 | |
Strategist Stands Firm Over Bitcoin Price Prediction Despite Clear Struggles
BTIG strategist Julian Emanuel reckons the price of bitcoin could return to levels north of $50,000 by the end of the year, despite the currency’s present struggles. The crypto market has been put through a major ordeal in recent weeks, one which saw BTC drop from over $63,000 to just above $30,000 in just a […] дальше »
2021-7-1 22:37 | |
Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U. S. would “ultimately be very positive” for bitcoin or other crypto assets. дальше »
2021-6-29 01:30 | |
Dogecoin Primed For Nasty Crash To $0.05 And Not Even Elon Musk Can Save It: Strategist
According to a prominent strategist analyzing the Dogecoin (DOGE) price, it appears that the meme cryptocurrency may be in line for a major crash. Though DOGE has plummeted over 60% from its May 8 all-time high, the crypto analyst sees a drawdown of an even larger magnitude — and not even Elon Musk’s tweets can […] дальше »
2021-6-19 16:10 | |
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 | |
DBS says Bitcoin No Longer a Fringe Asset, It is Now Fueling Volatility in US Stocks
The volatility in Bitcoin is now fueling the volatility in US stock futures, according to a study by Singapore’s DBS Group Holdings Ltd. DBS’s Chief Economist Taimur Baig and Macro Strategist Chang Wei Liang wrote that S&P 500 contracts tend to register bigger swings after the leading cryptocurrency spiked up or down by 10% in […] The post DBS says Bitcoin No Longer a Fringe Asset, It is Now Fueling Volatility in US Stocks first appeared on BitcoinExchangeGuide. дальше »
2021-5-27 15:21 | |
Ethereum to have long-term bull run, says a Wall Street veteran
President and Macro Strategist at Bianco Research, Jim Bianco, has revealed his thoughts on the present crypto market and what the future holds for assets like Ethereum (ETH/USD). The veteran market forecaster was interviewed on CNBC about his thoughts on the important drivers in the crypto space. дальше »
2021-5-28 14:04 | |
Bitcoin (BTC) to hit $100,000 this year despite present slump: Tom Lee
During an interview with CNBC on Monday, Wall Street strategist Tom Lee thinks Bitcoin (BTC/USD) still has the potential of reaching $100,000 this year, despite the market slump. I think that Bitcoin can go above $ 100,000 again despite the big correction it has gone through. дальше »
2021-5-25 13:55 | |
Analyst Warns of Broad Correction in the Cryptocurrency Market
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. дальше »
2021-5-12 14:30 | |
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 | |
Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target
Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing” and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact. дальше »
2021-5-2 22:00 | |
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 | |
Bitcoin Primed For New All-Time Highs As Consolidation Is “Nearly Complete”, Says Market Pundit
Bitcoin has seen choppy, sideways movement over the last couple of days. As such, the bellwether cryptocurrency has been unable to set new record highs. However, well-respected market strategist Willy Woo has noted that the cryptocurrency is looking ready for another explosive move up. дальше »
2021-3-12 17:26 | |
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 | |