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U.S. Federal Reserve Set To Hike Rates Above 400 BPs – How Will Crypto Market React?
The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg Analyst Mike McGlone McGlone said Bitcoin would outperform traditional stocks as interest rates hike. дальше »
2022-9-25 11:14 | |
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U.S Federal Reserve Set To Hike Rates Above 400 BPs – How Will Crypto Market React?
The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg Analyst Mike McGlone McGlone said Bitcoin would outperform traditional stocks as interest rates hike. дальше »
2022-9-24 11:14 | |
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Mike McGlone Pronounces Bitcoin A Wild Card That Will Outperform Stocks
Despite the ongoing bear market and bitcoin price decline, some analyst still retains their confidence in Bitcoin. The Bloomberg Analyst Mike McGlone is one of them. He took to Twitter on Wednesday to express his thoughts about the most popular cryptocurrency. дальше »
2022-9-14 02:52 | |
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Mike McGlone Says $20,000 Is The New $5,000 For Bitcoin, But Is He Right?
With the recent Bitcoin price crash has come a number of speculations out of the market. Amateurs and experts alike have been giving their predictions on what they believe will happen going forward. дальше »
2022-6-18 02:00 | |
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Bitcoin Will Hit $100K When Bear Market Ends, These Analysts Predict
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin will hit $100,000 by 2025 and says that he expects the cryptocurrency market to flourish as a “revived bull market. дальше »
2022-6-6 17:40 | |
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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 […] дальше »
2022-4-18 14:58 | |
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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. дальше »
2021-11-4 20:31 | |
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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 | |
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$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 | |
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Bitcoin Set To Outperform In Second Half Of 2021, Bloomberg Analyst
As Bitcoin continues its tumultuous run through the market, analysts continue to see big things in store for the cryptocurrency. Bloomberg analyst Mike McGlone recently said in the August Edition of the Bloomberg Galaxy Crypto Index (BGCI) that the coin was set to outperform in the second half of the year. дальше »
2021-8-6 02:00 | |
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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 […] дальше »
2021-6-17 16:07 | |
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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 | |
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'Markets want Bitcoin and digital dollar as reserve currency'
In his latest market insight, Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone said that financial markets may now want to replace US Dollar reserves with Digital Dollars and BitcoiThe post 'Markets want Bitcoin and digital dollar as reserve currency' appeared first on AMBCrypto. дальше »
2021-2-23 00:30 | |
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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. дальше »
2021-2-5 22:28 | |
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Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling
Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior commodity strategist highlighted the ongoing trend deviation between the flagship cryptocurrency and the Nasdaq 100 Stock Index — a benchmark that tracks the market performance […] дальше »
2020-11-11 17:01 | |
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Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst
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. дальше »
2020-5-7 20:33 | |
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Bitcoin More Likely to Hit $10K in 2020 than Dip to $5K
Bitcoin is still in a consolidating bull market, shows the 2020 prediction of Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Bitcoin Evaded the Worst Scenario of Fast Slide, So Far The behavior of BTC has been erratic in the last months of 2019, leading to even more erratic predictions for the next year. дальше »
2019-12-20 14:00 | |
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Bitcoin Price May Re-enter Bear Market, Warns Analyst (As Altcoins Gain Favor)
The Bitcoin (BTC) price may soon resume its downward trajectory despite mounting technical robustness, an analyst has claimed. ‘Ripe To Resume Lower Prices’ Bloomberg Intelligence analyst Mike McGlone identified diminishing daily returns this month, suggesting an imminent continuation of Bitcoin’s bear market. дальше »
2019-3-13 13:00 | |
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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. дальше »
2018-10-29 15:59 | |
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Ethereum Down to $200 As Investor Confidence Crisis Looms
The Ethereum bearish market hasn’t come to an end yet. The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area. дальше »
2018-9-8 22:05 | |
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