UPDATED. 2024-05-17 17:27 (금)

Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off
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Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off
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  • 승인 2024.05.08 08:56
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The strategist has revealed factors that could make Bitcoin’s projected surge to $150,000 difficult, highlighting both macroeconomic trends and Bitcoin’s performance in 2024. Bitcoin Surge To $150,000 UnlikelyIn a recent interview with Scott Melker, the host of “The Wolf Of All Streets,” podcast, McGlone discussed Bitcoin’s price fundamentals and its possible rise to $150,000 in the 2024 bull cycle. The combination of these factors pushes McGlone to believe that Bitcoin’s short-term projected rise to $150,000 was unlikely. Basing his analysis on historical trends and patterns as far back as 2015, Weisberger forecasted that Bitcoin could rise to $200,000 this cycle. After Spot Bitcoin ETFs were successfully released into the market, the price of Bitcoin skyrocketed to new all-time highs above $73,000.


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