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Bloomberg Strategist Mike McGlone Says Bitcoin's Future Trend is Upward

Amy Liu

Summary: Bloomberg’s chief commodity strategist Mike McGlone said on Twitter today: “The Trend Is Upward -This year has many of the typical earmarks for a strong advance in Bitcoin, and we see the dip toward $30,000 as a discount within a bull market. Supply was cut in 2020, demand and adoption are rising”. By Amy Liu

Bloomberg’s chief commodity strategist Mike McGlone said on Twitter today: “The Trend Is Upward -This year has many of the typical earmarks for a strong advance in Bitcoin, and we see the dip toward $30,000 as a discount within a bull market. Supply was cut in 2020, demand and adoption are rising”.

By Amy Liu

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