Mike McGlone

Bitcoin’s ascent will be slow & steady: Bloomberg

Megabulls such as PlanB are predicting parabolic short- to medium-term price moves for bitcoin, but Bloomberg analyst Mike McGlone believes the leading digital asset’s ascent to $100,000 will be a slow, steady and almost inexorable grind. The senior commodity strategist at the financial news service…

Bitcoin is set to become digital gold: Bloomberg

If bitcoin continues on its current price trajectory, it will become a “digital version of gold,” according to one of Bloomberg Intelligence’s top analysts. “The primary attributes that underpin the price of gold and bitcoin – limited supply, store of value, diversifier and quasi-currency –…

Bitcoin should continue to climb: top analyst

The price of bitcoin should continue rising in the coming months and years unless “something unexpected” happens, according to a senior Bloomberg analyst. In a tweet summarizing the Bloomberg Intelligence Commodity Primer, Mike McGlone said, “Something unexpected needs to happen for #Bitcoin‘s price to stop…

Add to Collection

No Collections

Here you'll find all collections you've created before.

Scroll to Top