Top Bloomberg Analyst Says $20,000 Bitcoin May Be the New $5,000 – Here’s Why

The post Top Bloomberg Analyst Says $20,000 Bitcoin May Be the New $5,000 – Here’s Why appeared on BitcoinEthereumNews.com.

Bloomberg’s closely followed commodities analyst Mike McGlone says that the $20,000 range for Bitcoin may act as the new price floor, similar to $5,000 in years past. The analyst says…

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