Bitcoin Price To Hit 6 Digits - Predicts Bloomberg Strategist
Bloomberg Intelligence senior macro strategist Mike McGlone says Bitcoin (BTC) is likely to hit six figures, but the timing of such a rise remains unclear.
He warns traders that the price of the king crypto is likely to dip down to the $15,000 price level before making a run to new all-time highs.
Analyst sees BTC adoption like early internet, predicts six-figure price & suggests investors accumulate now.
McGlone warns crypto rally is "hopium" & prices may dip as Fed tightens monetary policy to counter inflation.