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Bitcoin could hit $100K, gold $2K in 2022 thanks to 'deflationary forces' — Bloomberg analyst
9.12.2021
An about turn and fresh turmoil for macro would play to Bitcoin's strengths, argues Mike McGlone
Ethereum could pave way for $100,000 Bitcoin, Bloomberg analyst asserts
9.8.2021
"If Bitcoin were to catch up to Ethereum's performance this year, the No. 1 crypto's price would approach $100,000," believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence
Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K
6.8.2021
Bloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that could get the benchmark crypto back on track toward $100,000.”...
Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support
25.7.2021
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...
Stock-to-Flow Creator Says ‘$288K Still in Play,’ Mike McGlone Sees an ‘Ace up Bitcoin’s Sleeve’
12.6.2021
The popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s 425 bitcoin call options with a strike price of $200K set for December 31, 2021. Plan B Says:...
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
9.6.2021
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. McGlone’s opinion follows a number of predictions that say bitcoin could drop...
Bitcoin price gains 6% as Bloomberg analyst favors $40K over $20K next
9.6.2021
The odds are on for a continuation to $40,000, Mike McGlone argues, but not everyone is so sure
‘Discounted’ Bitcoin more likely to hit $100K than $20K in 2021, says Bloomberg analyst
3.6.2021
“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone
Canadian Bitcoin ETF predicted to hit $1B AUM by Friday: Bloomberg analyst
21.2.2021
Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, "barring a nasty selloff."
Bitcoin skeptic debates Bloomberg analyst in latest Cointelegraph Crypto Duel
20.2.2021
Economist Frances Coppola and senior commodity strategist at Bloomberg Mike MgGlone clash on everything Bitcoin
$1T market cap is ‘next big resistance’ for Bitcoin — Bloomberg analyst
16.11.2020
Bitcoin price has a clear run to an order of magnitude in gains, Mike McGlone argues as $16,000 is quickly reclaimed
‘I Don’t See What’s Going to Stop Bitcoin From Appreciating,’ Says Commodity Analyst
24.10.2020
A senior strategist with Bloomberg Intelligence says that he does not see what’s going to stop bitcoin from appreciating. He explains that as bitcoin matures, it will trade more like gold than stocks. The strategist also shares his view on how the November presidential election could affect...
Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
6.10.2020
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to go from $1,000 to $10,000 in 2017. “So, doubling that time frame for maturation...
Bitcoin will continue appreciating, although at a slower pace than in the past, Bloomberg analyst explains
16.9.2020
According to senior commodity strategist at Bloomberrg Mike McGlone, Bitcoin’s limited supply and increasing adoption will lead to steady, although gradual, appreciation
Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst
6.5.2020
Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength....
Bloomberg Analyst Gives A Simple Reason Why BTC Is Better Than Gold
5.5.2020
A Bloomberg analyst believes Bitcoin presents a more attractive supply model than gold
Bloomberg Analyst: "Halving Is A Non-Event"
22.4.2020
Bloomberg analyst Mike McGlone describes Bitcoin halving as a “non-event”