Positive Outlook for Bitcoin from Senior Analyst McGlone
Bloomberg Intelligence’s senior commodity strategist McGlone made important statements about the cryptocurrency leader Bitcoin (BTC).
Senior analyst McGlone, notable statement about the leading cryptocurrency Bitcoin (BTC); “a buying opportunity for a persistent bull market”
According to senior analyst McGlone’s observations, his recorded comments are derived from technical analysis focusing on a specific indicator.
McGlone states that the current price of Bitcoin (BTC) is “a buying opportunity for a persistent bull market”.
The price of Bitcoin, the leading coin, is at its lowest level ever compared to its 100-week moving average.
“Fighting the Fed has been costly for risk assets since the end of last year,” Bloomberg’s expert analyst said, emphasizing that the role of the Federal Reserve should not be underestimated.
McGlone made the following statements in his statements:
“Bitcoin is on its way to becoming the global digital collateral in a world that goes this way, and Ethereum is the primary driver of the digital revolution.
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