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Bitcoin Price Action Mirrors Massive 2013 Surge, Rise to $400,000 Possible: Top Bloomberg Analyst – The Daily Hodl

A top Bloomberg analyst is predicting a rise in Bitcoin prices that will rival its rapid spike in 2013. Bloomberg Intelligence senior commodity strategist Mike…

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A top Bloomberg analyst is predicting a rise in Bitcoin prices that will rival its rapid spike in 2013.
Bloomberg Intelligence senior commodity strategist Mike McGlone cites the fact that Visa, Goldman Sachs and Morgan Stanley have embraced the digitalization of money as signs that Bitcoin could replace gold as the global digital-reserve asset. 
Bitcoin adoption has become more sudden than gradual and is likely to accelerate, as we see it, underpinning its price for the foreseeable future and magnifying…

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