Bitcoin will trade like gold or treasury bonds in the future, Bloomberg strategist predicts

2023-4-7 00:30

Senior macro strategist at Bloomberg Intelligence believes that the Bitcoin network has never been more secure than it is now. McGlone predicts that the cryptocurrency will eventually trade morThe post Bitcoin will trade like gold or treasury bonds in the future, Bloomberg strategist predicts appeared first on AMBCrypto. origin »

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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 […]

2022-4-18 14:58


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Top Commodity Strategist Claims Bitcoin Most Likely Asset to Rally in 2020; Here’s Why

Bitcoin’s recent rally to $10,000 has renewed investor’s interest in the market, also drawing the attention of prominent traditional analysts and investors One prominent commodity strategist at Bloomberg explained that he believes BTC and gold are the two assets most-likely appreciate throughout 2020 This comes as the cryptocurrency’s technical outlook begins growing incredibly bright Bitcoin has seen some incredibly bullish price action in the time following its rebound from mid-March lows of $3,800. It’s subsequent […]

2020-5-10 22:00


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Is Bitcoin Price Rally Running Out of Gas? May be

Mike McGlone believes Bitcoin’s current volatility is unsustainable and as it tapers off BTC price will enter an extended period of consolidation. Bitcoin Price will Drop as Volatility Dries Up Earlier this week Bloomberg Intelligence senior commodity strategist Mike McGlone cast doubt on the widely held belief that Bitcoin is destined to the moon to a new all-time high before the 2020 halving event.

2019-8-8 21:35


Bitcoin Volatility too High to Sustain Growth for New All-time High

Volatility has been a major issue with Bitcoin and has been a major weak point exploited by its critics to say it is no good. Even though the number one cryptocurrency has made significant progress in 2019, at a point rising to about 4 times its December 2018 price, senior commodity strategist at Bloomberg Intelligence […] The post Bitcoin Volatility too High to Sustain Growth for New All-time High appeared first on ZyCrypto.

2019-8-8 12:58


The Current Bitcoin Retracement is Over, Says Fundstrat

Fundstrat’s Robert Sluymer believes that bitcoin and many altcoins will soon experience significant price gains going on the back of positive signals from technical indicators. Bitcoin Set to Test $9k Again According to Bloomberg, the Fundstrat technical strategist expects an end to the price retracement that has been going on since the end of May 2019.

2019-6-13 15:00


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Cryptocurrency Market ‘Vulnerable’ to Lower Lows, Says Fundstrat Strategist

Fundstrat Global Advisors strategist Robert Sluymer has warned that Bitcoin and the cryptocurrency market as a whole are displaying signs of vulnerability.   ‘Price Structure Remains Weak’ Robert Sluymer from Fundstrat Global Advisors has said in a note Wednesday, February 6th, that Bitcoin and most of the cryptocurrencies display signs of vulnerability, Bloomberg reports.

2019-2-7 21:00


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Move into the ICO space is great

Not content with disrupting U.S. politics, Steve Bannon now wants to disrupt the financial system with a move into the crypto space, according to a new interview. In a Bloomberg article published Thursday, Bannon – who was previously chief strategist for President Donald Trump and executive chairman of Breitbart News – told the news source that he has had meetings

2018-6-14 20:56


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Bitcoin rebounds above $71K - Here's what's driving the shift

The debate over whether crypto serves as a hedge during war is no longer theoretical. After the recent U.S.–Iran conflict, the crypto market has taken a surprising turn that many traditional analystThe post Bitcoin rebounds above $71K - Here's what's driving the shift appeared first on AMBCrypto.

Bitcoin LTH activity hits cycle lows: Is $63K BTC’s next key support?

Bitcoin [BTC] faced sustained bearish pressure, with the downtrend holding since its October 2025 peaks. Amid this prolonged downtrend, Bitcoin long-term holders saw their positions go from extreme prThe post Bitcoin LTH activity hits cycle lows: Is $63K BTC’s next key support? appeared first on AMBCrypto.

How $15B Fed injection could trigger crypto’s next macro rally

Quantitative easing drives strong capital inflows into crypto. However, the mechanism unfolds gradually. As liquidity enters the system, investor risk appetite increases. Over time, investors move The post How $15B Fed injection could trigger crypto’s next macro rally appeared first on AMBCrypto.

Bitcoin: What the $70K bounce means amid BTC’s deleveraging

Bitcoin held the $65,000 support and climbed to a local high of $70,578 before easing slightly. At press time, BTC traded near $69,951, up 4.31% over the past 24 hours. The rebound also pushed BitcThe post Bitcoin: What the $70K bounce means amid BTC’s deleveraging appeared first on AMBCrypto.

'Bitcoin is going to die,' says Oscar-nominated actor Terrence Howard

After recording some significant volatility, Bitcoin [BTC] was trading at $68,522.50 at press time. It gained by 1.85% in the last 24 hours, on the back of its 4% gains on the weekly charts.  AddThe post 'Bitcoin is going to die,' says Oscar-nominated actor Terrence Howard appeared first on AMBCrypto.