Why is Bloomberg predicting a Bitcoin price at 400K in 2021?

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. In a recent report, Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, states that Bitcoin is in a […]


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