Posted inThe Chain

Bitcoin’s ascent will be slow & steady: Bloomberg

Megabulls such as PlanB are predicting parabolic short- to medium-term price moves for bitcoin, but Bloomberg analyst Mike McGlone believes the leading digital asset’s ascent to $100,000 will be a slow, steady and almost inexorable grind. The senior commodity strategist at the financial news service believes bitcoin will steadily appreciate because of its fixed supply […]