Connect with us

Investing Financial

Investing Financial

$100,000 Bitcoin Price Could Come as Early as Next Month Mike McGlone


$100,000 Bitcoin Price Could Come as Early as Next Month Mike McGlone

Date: 2021-09-20 20:45:03


Mike McGlone, Bloomberg Intelligence Commodity Strategist, tells our Daniela Cambone there is a high probability the U.S. follows Canada by creating cryptocurrency ETFs, with strong pressure building for U.S. regulators to allow them.

McGlone says he has underestimated the reallocation of capital from gold to Bitcoin and Ethereum this year, with cryptocurrencies limited supply overtaking the precious metal.

“The U.S. stock market is overdue for a wobble,” says McGlone, which will force central bankers to turn up the spickets even more. He believes that this base case will only further add to the divergent strength of the strongest cryptocurrencies.

#bitcoin #cryptocurrency #gold

Prepare yourself for a financial lockdown:

Check out Daniela’s latest interviews here! –

Be sure to sign up for exclusive access to content and interviews from Daniela that you can’t find on YouTube! –

Follow us on Facebook:
Follow us on Twitter:
Follow us on Instagram:
Follow us on LinkedIn:

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top