McGlone Commented on Bitcoin, DOGE and SHIB
Bloomberg Intelligence analyst Mike McGlone commented on Bitcoin, DOGE and SHIB. The analyst's 3 predictions were also correct.
According to
McGlone, November will be an active month with developments such as the start of acceptance of Ethereum ETFs. Explaining his comments on Bitcoin, the largest cryptocurrency in the market, the analyst said that what is necessary for BTC to go to $ 100,000 is ready; He states that $60,000 has started to form support. He thinks Ethereum can rise to $ 5,000. The analyst said that towards the end of the year, rather than a pullback, an upward wave can be seen; emphasizes that speculative movements leave the market as a result of corrections.
Talking about Dogecoin (DOGE) and Shiba Inu (
SHIB), which are the most popular coins of the last period, the analyst said that they showed how speculative DOGE was in the first half of 2021 and SHIB in the second half of the year. He said he thinks these coins “provide entertainment for gamblers.” Noting that SHIB is engaged in unique price movements, he noted that this coin could experience a pullback like DOGE experienced in May.