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The Daily Hodl 2021-03-04 17:10:38

Bitcoin Breakout Signal Shows Top Crypto Likely Heading to $100,000 As Investors Choose BTC Over Gold: Bloomberg Analyst

Mike McGlone, a senior commodity strategist for Bloomberg Intelligence, says Bitcoin (BTC) appears to be heading to $100,000 as it edges closer to replacing gold as a reserve asset. In a new edition of the Bloomberg Crypto Outlook, McGlone writes that the Grayscale Bitcoin Trust (GBTC), which closed at a 2.7% discount at the end […]The post Bitcoin Breakout Signal Shows Top Crypto Likely Heading to $100,000 As Investors Choose BTC Over Gold: Bloomberg Analyst appeared first on The Daily Hodl.

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