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Bitcoin’s Guaranteed Rally To $100k Will Have a Global Macroeconomic Impact, Bloomberg Analyst Posits
As the year burrows deeper into its second half, Bitcoin’s performance still remains way below the predicted price levels in Q4 2020 to Q1 2021. The leading crypto asset is currently down 5. 7% trading at $32,798 at the time of press. дальше »
2021-7-10 01:49 | |
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Bloomberg Analyst Provides Blueprint Of Bitcoin Path To $100,000
Bitcoin price predictions have been a hot topic for a while now. Bloomberg Analyst, Mike McGlone believes that the price of BTC hitting $100,000 is tied to the asset following ethereum. This came in the monthly cryptocurrency newsletter sent out by Bloomberg Crypto Outlook. дальше »
2021-7-10 20:00 | |
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Bitcoin Shorts Fall While Institutions Wait In Cash After Basis Trade Evaporates
This weekend, the price of Bitcoin is making its way upwards to $34,500, but this has been on the back of even lower volume than the declining trend, given that it's Saturday. Bloomberg is currently looking at a key trendline that acted as a support for BTC price but is now struggling to break above. дальше »
2021-7-4 00:55 | |
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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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Fidelity Strategist Says Bitcoin Bottom Is In As Price Holds Above $40,000
The past month has been a frightening one for crypto investors around the globe. Bitcoin has, however, made a steady recovery in recent days after plunging from one of the biggest sell-offs in May. That begs the question: What comes next? No one can tell for sure. дальше »
2021-6-16 20:04 | |
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$288K BTC price 'still in play' says PlanB as Bloomberg champions Bitcoin halving
Bitcoin would "surprise" the stock-to-flow creator if it fails to return to its forecast trajectory, with three years still to go until crunch time. дальше »
2021-6-12 17:26 | |
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Bloomberg Analysts Unlock New Ultra-Bullish Bitcoin Price Prediction For 2021
Bitcoin’s second-quarter price predictions reveal that observers and analysts were only scratching the surface months ago, when they betted on Bitcoin leaping only a few dollars higher than its current price. дальше »
2021-4-10 12:40 | |
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Bitcoin (BTC) Price May Peak at $400,000 This Cycle: Bloomberg Report
Bitcoin is also “replacing old-guard” gold, that too more sudden than gradual as it fulfills the need for a digital reserve asset in a low-yield environment. The post Bitcoin (BTC) Price May Peak at 0,000 This Cycle: Bloomberg Report first appeared on BitcoinExchangeGuide. дальше »
2021-4-8 18:10 | |
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Bloomberg: Declining prices suggest that NFT craze might be fizzling out
A swift 70% drop in the average price of non-fungible tokens (NFTs) is suggesting that the latest “crypto craze” might be fizzling out—just as fast as it took the world by storm recently, Bloomberg’s experts pointed out yesterday. дальше »
2021-4-5 07:00 | |
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Bloomberg’s Strategist Says $400k Bitcoin Price Would “Rhyme” With History
If Bitcoin’s present performance is compared to its performance in 2013, the top coin is on track to hit $400,000 despite multiple corrections, according to Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone. дальше »
2021-3-27 14:41 | |
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Why is Bloomberg predicting a Bitcoin price at 400K in 2021?
Bitcoin has picked up its bullish momentum in the last 24 hours. High levels of Institutional adoption, fundamentals, and on-chain indicators look bullish and point to an extension of the rally, at least, in the long term. дальше »
2021-3-27 23:00 | |
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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. дальше »
2021-3-5 23:00 | |
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Avalanche (AVAX) price gains as crypto buying frenzy continues
Avalanche (AVAX) price has soared 13% in the past 24 hours on continuous demand for digital assets. In the meantime, Morgan Stanley’s investing arm is considering investing in Bitcoin, according to Bloomberg. дальше »
2021-2-18 15:23 | |
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How Bitcoin investors are managing the asset's volatility
Former Ernst & Young consultant and Bloomberg columnist Nir Kaissar explained how Bitcoin investors have managed to overcome the massive volatile nature of the asset’s price. Kaissar usedThe post How Bitcoin investors are managing the asset's volatility appeared first on AMBCrypto. дальше »
2021-2-16 02:00 | |
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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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Reddit’s WallStreetBets Traders Did Not Pump Silver and XRP, So Who Did?
As the market opened on Feb. 1, 2021, precious metal futures jumped 10%, almost breaching $30 per ounce. So who is behind silver’s sudden and meteoric price rise? Will other stocks, commodities, or even cryptocurrencies see similar price booms? Multiple news outlets, including Bloomberg, have associated silver’s meteoric rise with so-called anti-establishment redditors. дальше »
2021-2-4 19:40 | |
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Bloomberg Analyst Sees Bitcoin at $50,000 on Anti-Gold Sentiment
A recent meltdown in the Bitcoin price from its record high near $42,000 has done little to shake its bullish bias, at least according to a Bloomberg analyst. дальше »
2021-2-4 00:08 | |
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Bitcoin whale explains to Bloomberg why crypto volatility will decline
The CEO of One River Asset Management believes BTC volatility will decline as its price continues to climb.
дальше »2021-1-29 20:30 | |
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Ethereum Weathers Market Correction, ETH/USD Can Reach $10,500
A Fundstrat Global Advisors LLC strategist, David Grider, predicts the Ethereum price to reach $10,500. This is a day after the second most valuable digital asset rose to all-time highs above $1. 4k, Bloomberg reported on Jan 20. дальше »
2021-1-21 12:00 | |
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After $40K, this strategist is sure Bitcoin’s $50K milestone is within reach
Senior commodity strategist for Bloomberg Intelligence, Mike McGlone stated today that Bitcoin’s price has the potential to reach $50,000 and that prospects of the digital asset to revisit old highsThe post After $40K, this strategist is sure Bitcoin’s $50K milestone is within reach appeared first on AMBCrypto. дальше »
2021-1-8 01:00 | |
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JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target
With the increased institutional adoption of Bitcoin due to worldwide economic and social factors, the leading cryptocurrency can no longer be ignored. According to JPMorgan analysts via Bloomberg, gold may continue to lose market share: “Bitcoin may have the potential for substantial further gains over the long term as it competes with gold for investment … Continued The post JPMorgan Analysts Call for $146,000 Long-Term Bitcoin Price Target appeared first on BeInCrypto. дальше »
2021-1-6 16:36 | |
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Futures and fund flows strongly indicates that Bitcoin is swiftly replacing Gold
Bitcoin’s price appreciation has been moving at an interesting pace, almost suggesting that Bitcoin is replacing Gold. This was implied by Bloomberg’s senior commodity strategist Mike McGlone who posted the Bitcoin futures flow chart on Twitter. дальше »
2020-11-24 15:27 | |
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Bloomberg Analyst: Bitcoin Is “Tiny” Now, But “Price Discovery Stage” Is Here
Bitcoin is now worth nearly a full $15,000 more than it was during March of this year. But the events of Black Thursday and the realization that the world was forever changed, it has created the perfect storm for the cryptocurrency. дальше »
2020-11-21 18:00 | |
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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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Bloomberg Senior Strategist: Bitcoin May Turn “Parabolic” In 2021
During 2020, Bitcoin price has risen from a low of $3,800 to $14,100, representing over 250 ROI year-to-date. As strong as this performance has been for the first-ever cryptocurrency, according to a Bloomberg Senior Commodity Strategist, Bitcoin may go “parabolic” in 2021 just like it did in 2017 and 2013. дальше »
2020-11-5 18:00 | |
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Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
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. дальше »
2020-10-6 16:30 | |
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Bloomberg: Bitcoin ‘has had a tendency of adding zeroes to its price’
Bitcoin may take twice as long to get to $100,000 than previously surmised.
дальше »2020-10-6 22:50 | |
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Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what one pundit described as “fake” breakouts. дальше »
2020-9-25 09:45 | |
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Bitcoin Price Experiencing Strong Market Correction, Bloomberg: It Should Be Above $15,000
Coinspeaker Bitcoin Price Experiencing Strong Market Correction, Bloomberg: It Should Be Above $15,000Bloomberg expects BTC to jump over $15,000. The company based its reasonings on fundamentals like Bitcoin’s rising hash rate and also the 30-day average of active Bitcoin addresses. дальше »
2020-9-24 13:44 | |
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Even After A Drastic Price Correction, This Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead”: Here’s Why
Bitcoin, the leading cryptocurrency by market capitalization is currently priced at $10. 7k. The asset, which saw its most recent high of $12,050 on the 1st of September 2020 has seen a drastic drop. дальше »
2020-9-15 20:52 | |
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Insuring Gold Reserves Just Got Even Harder amid Rising Price
Some of the largest gold storage companies in the world are facing an insurance nightmare. As the price of gold increases, the amount that can be stored and insured at any single location has fallen, forcing companies to juggle gold bars, according to a Bloomberg report. дальше »
2020-9-7 22:30 | |
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Bitcoin Price Could Leap To $500,000 Or Crash To Zero, Says Bloomberg Analyst
On September 1, the bitcoin price hit $12,000 again for the fourth time since August 2, sparking a lot of optimism among investors. This was, however, followed by a fierce sell-off as bitcoin corrected towards 11,000. дальше »
2020-9-5 11:01 | |
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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. дальше »
2020-8-25 09:11 | |
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Why a Bloomberg Analyst Thinks Bitcoin Is “Tilted” Towards Rallying Even Further
Bitcoin’s rally has stalled after hitting $12,500 on Monday. As of this article’s writing, the price of the leading cryptocurrency is $11,800. This is $700 shy of the local high. The recent drop has scared some analysts, with some arguing that a drop towards the $10,000 is possible. дальше »
2020-8-21 15:00 | |
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Strong Technical Indicators Help Bitcoin Shoot Through $12,000, What Lies Ahead?
The bitcoin price, on Aug 17, soared above $12,000 to new 2020 highs coinciding with similar gains posted by the US equities following a depressing Q2 pinned to the slowing effects of COVID-19. Bitcoin Prices Rally at The Back of Supportive Technical Indicators A Bloomberg report shows that at yesterday’s peak, the Bitcoin price rose to $12,473Read MoreRead More. дальше »
2020-8-18 17:00 | |
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Ethereum’s Price Rally Is ‘Speculative’ While Bitcoin’s Growth Is Driven By Fundamentals, Says Bloomberg
Bloomberg said that the stunning ethereum price rally is based on investor speculation while maintaining that the advancement in the price of the king of cryptocurrencies, bitcoin, is organic and predicated on solid fundamentals. дальше »
2020-8-6 17:38 | |
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Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market
Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded. ” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775. дальше »
2020-7-31 07:30 | |
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