Bloomberg Analyst Reiterates $100,000 Target in Bitcoin: A Matter of Time

Mike McGlone, a senior strategist at Bloomberg, thinks it is “a matter of time” for Bitcoin to reach $100,000.

Senior strategist McGlone said via Twitter. in sharingBitcoin $100,000, and gold for $2,000 claimed to achieve.

In addition, McGlone predicts that oil prices will decrease in the second half of 2022. Many experts and commentators believe that the Federal Reserve is likely will reduce interest rate hikes thinking highly supports McGlone’s predictions.

With Bitcoin at $40,000, McGlone said, “These levels are rather than a ceiling. to have a bottom more likely.” had made statements. Also the price 10,000 even when filling 100,000 giving dollar target Bloomberg analysts last year may-july Bitcoin price in the fall in the months 60 thousand dollars probability of going 20 thousand dollars They said it was more than likely.

As a result of many surveys, the inflation data to be announced tomorrow (August 10) is expected to be lower than the previous ones. In this case, it is thought that there will be some relief in the global markets and the crypto money market.


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