The tension between Russia and Ukraine continues at full speed and all world markets have experienced a sharp decline today. Leading cryptocurrency Bitcoin (BTC) during this crisis for $34,000 regressed, but managed to recover. A famous analyst thinks this is the best time to buy BTC.
McGlone: Offers BTC Buying Opportunity
senior commodity strategist at Bloomberg Mike McGlone He stated that the markets are experiencing a serious decline at the moment. Stating that both commodities and cryptocurrencies were shaken, the analyst stated that everything has just begun for BTC. McGlone is in a very good mood right now, although cryptocurrencies and digital assets have risks. buying opportunity reported that it was formed.
The key point to say here is that cryptocurrencies and Bitcoin are still risky assets and have lost a lot of value. I still think there will be pain (decline). I think Bitcoin will not go below $30,000. I think BTC presents a very good buying opportunity for long-term investors right now. This period in history will be regarded as one of the turning points.”
Gold, OUNCE basis, and McGlone 2,000 dollars He thinks his rally will continue. Emphasizing this level for a while, McGlone emphasized that the delay is normal.
Although McGlone did not make a clear BTC statement and price prediction, he emphasized that BTC currently provides a clear opportunity for long-term investors.
*Not Investment Advice.