Bitcoin is untouchable, analyst McGlone says

2023-4-4 12:07

According to Bloomberg's senior commodity analyst, BTC is currently untouchable and could go all the way. However he asserts that a recession will likely affect the commodity as well.

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Источник: btcmanager.com

commodity analyst → Результатов: 30

Bitcoin ‘untouchable’ amid regulatory pressures, says analyst

Bitcoin is “untouchable” because it’s more decentralized than other cryptocurrencies in the space, such as Ether, according to senior commodity strategist Mike McGlone.

2023-4-4 06:40	SEC
untouchable bitcoin ether such space according mike

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FTX crisis likely to spark a domino effect, macro analyst explains

The collapse of Sam Bankman-Fried’s crypto empire is likely to have repercussions beyond the crypto markets, according to Mike McGlone, senior commodity strategist at Bloomberg.

2022-11-12 21:00	Market Analysis
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'We see propensity resuming for Bitcoin'- Here's why this analyst is bullish

Bloomberg’s latest crypto outlook report spoke about Bitcoin in a rather optimistic tone. Mike McGlone, the Senior commodity strategist at Bloomberg Intelligence, believes that the remainder ofThe post 'We see propensity resuming for Bitcoin'- Here's why this analyst is bullish appeared first on AMBCrypto.

2022-10-7 02:00	News
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Bitcoin Will Hit $100,000 by 2025, but First Has to Go Down, Says Bloomberg Analyst

According to Bloomberg senior commodity strategist Mike McGlone, Bitcoin will reach $100,000 by 2025. The post Bitcoin Will Hit $100,000 by 2025, but First Has to Go Down, Says Bloomberg Analyst appeared first on BeInCrypto.

2022-9-18 14:00
bloomberg bitcoin 2025 100 analyst down says

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Bitcoin Still in Bull Market, Just Selling at Discount, Says Senior Bloomberg Analyst

Bloomberg Intelligence senior commodity strategist on correlation between crypto and crude oil & Bitcoin being in bull cycle still

2022-9-7 17:52
senior bloomberg still bitcoin correlation crypto between

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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.

2022-8-8 20:00	Energy
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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.

2022-7-8 04:30	BTC Trading View
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Bitcoin Will Rebound In 2nd Half Of 2022, Says Bloomberg Analyst

Mike McGlone, a senior commodity analyst at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022. This suggests that the price of BTC may be preparing for a positive comeback this year.

2022-7-7 17:00	Cryptocurrency
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Ethereum Is Whimpering — But Bloomberg Senior Strategist Says Bulls Are Gunning For $5,000

Ethereum slumped below $4,000 earlier yesterday amid market-wide pullback as long-term holders took profits, but a confluence of wildly-bullish factors suggests the bulls are about to roar. Ether Primed For A Surge To $5K Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, harbors the opinion that Ethereum is right in the middle of the […]

2021-10-28 13:35	ETHUSDT
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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...

2021-7-25 17:52	Stocks
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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 […]

2021-6-17 16:07	xbtusd
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‘Discounted’ Bitcoin more likely to hit $100K than $20K in 2021, says Bloomberg analyst

“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone.

2021-6-4 20:08	Bloomberg
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Grayscale Bitcoin Trust Outpaces Tesla by 50% This Year: Bloomberg’s Chief Commodity Analyst

Bloomberg’s chief commodity strategist states that GBTC has outperformed Tesla by 50 percent this year and that Bitcoin is on its way to becoming a risk-off asset

2021-3-26 16:02
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Growth for Gold This Year Is Blocked by Bitcoin: Bloomberg's Top Analyst

Bloomberg's chief commodity strategist, Mike McGlone, believes that old-guard gold will have a hard time growing this year on charts due to resistance and Bitcoin

2021-3-11 18:44
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Bloomberg Chief Analyst Says Bitcoin Could “March To $100,000” From Here

Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here’s the data the senior commodity strategist says backs up the theory for the “nascent” cryptocurrency’s price doubling in short order.

2021-3-5 23:00	xbtusd
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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.

2021-2-21 22:13	Investments
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Commodity Analyst: ‘I Don’t See What’s Going to Stop Bitcoin From Appreciating’

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.

2020-10-25 23:30	price prediction
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Bitcoin will continue appreciating, although at a slower pace than in the past, Bloomberg analyst explains

According to senior commodity strategist at Bloomberrg Mike McGlone, Bitcoin’s limited supply and increasing adoption will lead to steady, although gradual, appreciation.

2020-9-17 22:00	Bloomberg
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Bloomberg Predicts Gold at $3K, Bitcoin at $20K in Current Bull Run

A bullish comment on gold by a top Bloomberg Intelligence analyst could leave Bitcoin in a similar upside spell. The firm’s senior commodity strategist, Mike McGlone, said in his August update that he expects the precious metal’s price trajectory to accelerate.

2020-8-25 09:11	xbtusd
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Bloomberg gives four reasons why demand for Bitcoin is set to shoot higher

To the credit of Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, he called a Bitcoin breakout towards $13,000 when few expected it. The post Bloomberg gives four reasons why demand for Bitcoin is set to shoot higher appeared first on CryptoSlate.

2020-8-7 01:00	btcusd
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Bloomberg Analyst Mike McGlone Expects Bitcoin Volatility to Continue Declining

Bitcoin has looked similar before past gains, according to Bloomberg?s senior commodity strategist Mike McGlone

2020-7-2 17:18
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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

2020-6-26 17:16
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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.

2020-6-26 16:00	xbtusd
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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

2020-6-9 17:38
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Bitcoin and Gold Top Candidates to Advance in 2020, Bloomberg Analyst Says

Bloomberg Intelligence?s commodity expert Mike McGlone is certain that Bitcoin and gold could further appreciate in 2020

2020-5-27 17:44
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Goldman Sachs’ Call to Buy Gold Cheers Bitcoin Bulls; Here’s Why

Bitcoin bulls were cheerful this Tuesday as a top analyst’s call to purchase gold amidst the Coronavirus-induced market turmoil created similar opportunities for the cryptocurrency. Jeffrey Currie, a commodity researcher at Goldman Sachs, said in a note that the yellow metal has reached an “inflection point” after the Federal Reserve announced that it would buy...

2020-3-25 15:00	Gold
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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.

2019-8-21 16:00	Bloomberg
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Analyst: Gold Bull Run to Eat Bitcoin Alive, Takes Entire BTC Cap to Move Price 3%

During times of economic distress, the shiny chemical element, commodity, and precious metal known as gold, is often looked to by investors seeking to place capital in a safe haven “hedge” against falling fiat values, and in the face of uncertainty surrounding traditional markets such as real estate or the stock market.

2019-6-27 04:00	Gold
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BMO Warns US Stock Market Could Crash to ‘Ugly’ December Lows

A critical re-test of December lows could place severe pressure on the US stock market. With the Dow already reeling from five straight days of losses, BMO’s chief analyst Russ Visch warns things could get “ugly” for the index and its peers, the S&P 500 and Nasdaq.

2019-3-9 03:30	S&P 500
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Top Recession Trades, Will Bitcoin Breakout Soon?

Legendary investor Paul Tudor Jones lays out his recession trades including Bitcoin

Fed’s No Recession Claim Boosts Bitcoin And Crypto, Historical Data Contradicts

Arguably the most important takeaway from yesterday’s FOMC meeting was that the U. S. Federal Reserve (Fed) is no longer forecasting a recession, which led to a cautious rally in Bitcoin and crypto markets today.

Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage

Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry.

Analysts at odds over Fed, US debt ceiling impact on Bitcoin price

A political deadlock looms over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.

Bitcoin derivatives data shows bulls positioning for further BTC price upside

BTC price continues to show strength, and derivatives data suggests that bulls intend to press Bitcoin higher.

US credit crunch means it’s time to buy gold and Bitcoin: Novogratz

The Galaxy Digital CEO predicts tough times ahead for the United States economy but continues to be bullish on crypto.

2023-4-4 12:07

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