Bitcoin Price is still on track to reach $100K - Says, Mike McGlone


As per Mike McGlone, the senior commodity strategist at Bloomberg, Bitcoin will begin to behave as a high-beta version of gold and Treasury bonds.

Mike believes that oil prices will continue to plunge in H2- 2022, while the yellow metal would reclaim the $2,000 level.

Despite the Huge Drop, Mike Still believes that Bitcoin's (BTC) Price is Still on Course To Hit $100k.

Mike, referred emboldened Fed as the biggest headwind for Bitcoin Price Drop.