NEWS ZAP
Bitcoin Poised to Resume Moving to $100,000 in Second Half 2021: Bloomberg’s Mike McGlone
Chief commodity strategist of Bloomberg, Mike McGlone, has taken to Twitter to share his conclusions as to when the Bitcoin bull market is likely to come back and the world’s flagship cryptocurrency to resume its movement towards $100,000.
The economist believes that in the second half of this year, Bitcoin will emerge with a bull market and will resume moving towards the $100,000 price level.
He also pointed out that the main advantages of Bitcoin that are likely to ensure its further growth are advancing technology and deflation that is programmed in BTC.
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