Market Cap
24h Vol
5650
Cryptocurrencies
40.54%
Bitcoin Share

Top Bloomberg Analyst Says $20,000 Bitcoin May Be the New $5,000 – Here’s Why

Top Bloomberg Analyst Says $20,000 Bitcoin May Be the New $5,000 – Here’s Why


The Daily Hodl
2022-06-19 07:04:03

Bloomberg’s closely followed commodities analyst Mike McGlone says that the $20,000 range for Bitcoin may act as the new price floor, similar to $5,000 in years past. The analyst says that the flagship cryptocurrency is now approaching historically “too-cold” price levels, based on a series of moving averages. “$20,000 Bitcoin may be the new $5,000 […]The post Top Bloomberg Analyst Says $20,000 Bitcoin May Be the New $5,000 – Here’s Why appeared first on The Daily Hodl.


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.