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Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off Newsbtc 07 May 2024

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off

Mike McGlone Dave Weisberger Bitcoin CoinRoutes Bloomberg Intelligence

Bloomberg Intelligence's Mike McGlone delivers a skeptical forecast, doubting that Bitcoin's value could reach $150,000 soon, given current macroeconomic trends and market weakness in comparison to the S&P 500 and gold. Despite this, Bitcoin ETFs and market dips are seen as potential long-term value opportunities.

Source: www.newsbtc.com ↗

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