Bloomberg Intelligence Report: Bitcoin Price 'On Track' for $100,000

Bloomberg Intelligence Report: Bitcoin Price 'On Track' for $100,000

A new report from Bloomberg Intelligence suggests the Bitcoin price may soon approach $100,000 should historical trends continue.This month’s “Bloomberg Crypto Outlook” reports a bullish future trajectory for Bitcoin, stating “we see performance parallels that could get the benchmark crypto back on track toward $100,000.”The intelligence report stated, “What's changed in about three years is sufficient to sustain more of the same for most of Bitcoin's history -- rising prices. Supply is declining while demand and adoption are rising in most countries that welcome open discourse and....


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