Another perspective on the current trend in the cryptocurrency market was highlighted by Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence, who said that the ongoing legal battle with th...
Tag: McGlone
Bloomberg’s McGlone Predicts GBTC Litigation May Mark Milestone for Bitcoin (BTC)
Alex Dovbnya Bloomberg’s senior commodity strategist Mike McGlone stated that ongoing legal battle between Grayscale Bitcoin Trust (GBTC) and US Securities and Exchange Commission (SEC) could ma...
Has Bitcoin Bottomed? Bloomberg’s Mike McGlone Gives Insightful Take ⋆ ZyCrypto
Advertisement     The cryptocurrency market speculates that better days might be closer than expected for Bitcoiners. According to some market analysts, Bitcoin, the l...
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000 – Markets and Prices Bitcoin News
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. ...
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession – Markets and Prices Bitcoin News
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “co...
Bloomberg’s McGlone Says Crypto’s First Real Recession Has Arrived — But Predicts It’ll End With Something Insanely Good ⋆ ZyCrypto
Advertisement     Mike McGlone, Bloomberg’s senior commodity strategist, is convinced the crypto market is presently experiencing its first major recession, an indicat...
Commodity guru Mike McGlone sees Bitcoin at $100k by 2025; Here’s why
The cryptocurrency industry has started the new year on a bullish note, although it has been consolidating slightly in recent days. Senior commodity strategist at Bloomberg Mike McGlone shared his vie...
Bitcoin (BTC) Recovery Unlikely To Be Easy, Warns Bloomberg Strategist Mike McGlone – Here’s Why
Bloomberg Intelligence senior macro strategist Mike McGlone says Bitcoin’s (BTC) road to recovery comes with big challenges. McGlone tells his 54,400 Twitter followers that Bitcoin may be forming a bo...
Bloomberg Strategist Mike McGlone Says Bitcoin May Have Reached Bottom
Bitcoin (BTC) has been trading consecutively above the $20,500 benchmark for at least four days in a row as the premier digital currency has continued to drive broader bullish market momentum. Riding ...
Bitcoin May Revisit $12,000-$10,000 Before Resuming Growth Trajectory: Mike McGlone
Yuri Molchan Bloomberg’s leading strategist believes Bitcoin is likely to revisit its old levels of support Chief commodity strategist at Bloomberg Intelligence Mike McGlone has shared a screens...
Bloomberg’s Mike McGlone Shares Crypto Outlook for 2023
Alex Dovbnya No. 2 crypto took plunge in 2022, but investors are speculating whether it may be bottoming out Bloomberg commodity analyst Michael McGlone recently released a report that states that Eth...
Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’ – Bitcoin News
Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to...
Bitcoin Expected to Surge Vs. Tesla, Here’s Why: Bloomberg’s Mike McGlone
Yuri Molchan Bloomberg’s prominent strategist believes Bitcoin has a potential to rebound against Tesla shares Mike McGlone, senior strategist of Bloomberg Intelligence, has taken to Twitter to share ...
Mike McGlone: Gold price to break through $2000 and “never looks back”
In the last month, the yellow metal has galloped 7.2% higher, despite a closing low of $1,630.90 in early November, following the possibility of a slowdown in monetary tightening and a slide in the US...
Ethereum (ETH) Could Crash by Over 60% if One Critical Support Area Crumbles: Bloomberg Strategist Mike McGlone
Bloomberg Intelligence senior macro strategist Mike McGlone says that Ethereum’s (ETH) future price hinges on it maintaining a key support level. McGlone says that if Ethereum’s support level at $1,00...
Bloomberg Strategist Mike McGlone Says Bitcoin Could Crash by Nearly 40% After FTX Fiasco – Here’s the Timeline
Bloomberg Intelligence senior macro strategist Mike McGlone predicts that Bitcoin (BTC) could fall to levels last seen in July 2020. McGlone says that Bitcoin could fall by 39% from the current price ...
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’ – Markets and Prices Bitcoin News
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal...
Bitcoin May Gain Upper Hand Vs S&P 500 and Surge: Bloomberg’s Mike McGlone
Yuri Molchan Bitcoin staying at $19,000 may be an indication of an enduring bull market, Bloomberg’s chief strategist believes Chief commodity strategist of Bloomberg Intelligence, Mike McGlone, has p...
Bitcoin Price Should Continue to Rise, Bloomberg’s Mike McGlone Says
Alex Dovbnya Mike McGlone, chief commodity strategist at Bloomberg Intelligence, still sees Bitcoin reaching $100,000 after predicting that it would hit that target in 2021 In a recent tweet, Mike McG...
Bitcoin Could Be Entering an ‘Unstoppable Maturation Stage’, Says Bloomberg Strategist Mike McGlone – Here’s Why
A senior Bloomberg analyst says that Bitcoin (BTC) is showing signs of entering a bullish maturation stage despite recent stumbles. Bloomberg commodity strategist Mike McGlone tells his 53,700 Twitter...
Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone
Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin’s (BTC) relative discount to its high hash rate in October — the largest since the first quarter of 2020 — could soon see B...
Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’ – Economics Bitcoin News
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold co...
Bloomberg’s Mike McGlone Says Bitcoin’s Price Recovery Could Kick off This October
Mike McGlone, a commodity strategist at Bloomberg Intelligence, said in a Wednesday LinkedIn post that bitcoin may have already reached its lowest point and could start to increase in value this month...
Bitcoin May See Strongest Higher-Price Cure in 2022: Bloomberg’s Mike McGlone
Yuri Molchan Chief Bloomberg’s commodity strategist believes that Bitcoin may keep winning over commodities for next 10 years Contents “Strong higher-price cure for Bitcoin in 2022” ...
Bloomberg’s Mike McGlone Predicts When BTC Will Tap $100K and ETH $6K
Mike McGlone – Senior Commodity Strategist at Bloomberg – argued that the crypto winter might last longer than previous market declines and the reason for it is the “Fed’s sledgehammer.” In the next f...
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...
Bitcoin Trading at a Discount, Says Bloomberg Strategist Mike McGlone – Here’s What Could Fuel BTC Recovery
Bloomberg Intelligence senior commodity strategist Mike McGlone thinks Bitcoin (BTC) is trading for less than it should be. McGlone says in a new report that he views Bitcoin as akin to internet stock...
$100,000 Bitcoin Price Is Inevitable, According to Bloomberg Strategist Mike McGlone – Here’s Why
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, is predicting that Bitcoin (BTC) is headed to a six-figure price. McGlone says that the oil prices will persist on a downward trend ...
Bitcoin (BTC) Price Still in Course To Hit $100k Says Bloomberg Strategist Mike McGlone
Mike McGlone, the senior commodity strategist at Bloomberg, believes that Bitcoin, the most popular cryptocurrency, is still on course to reach $100,000. In the second half of 2022, oil prices will co...
Bitcoin Reaching $100,000 Is “Matter of Time,” Says Bloomberg’s Mike McGlone
Alex Dovbnya Bloomberg’s Mike McGlone continues to stand by his $100,000 Bitcoin price prediction Bitcoin, the top cryptocurrency, is still on track to reach $100,000, according to Mike McGlone, the s...
Mike McGlone Thinks Next Six Months Will Turn Out Better for Crypto Market
Gamza Khanzadaev 1H was about purging excesses on crypto market, believes Bloomberg senior commodity strategist Mike McGlone, a leading commodity strategist at Bloomberg Intelligence, shared his mid-y...
Mike McGlone: Bitcoin Is on the Verge of Recovery
Bitcoin and many other leading digital currencies all appear to have calmed down in recent days. The assets went through a steady series of dips that ultimately saw most of 2021’s gains vanish into th...