Bitcoin (BTC) Price Still in Course To Hit $100k Says Bloomberg Strategist, Mike McGlone

The post Bitcoin (BTC) Price Still in Course To Hit $100k Says Bloomberg Strategist, Mike McGlone appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Mike McGlone, […]

The post Bitcoin (BTC) Price Still in Course To Hit $100k Says Bloomberg Strategist, Mike McGlone appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Mike McGlone, the senior commodity strategist at Bloomberg, believes that Bitcoin, the most popular cryptocurrency, is still on course to reach $100,000. In the second half of 2022, oil prices will continue to fall. The U.S. Federal Reserve is likely to stop raising interest rates as a result of declining petroleum prices, which will likely …