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Bloomberg Analyst – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 11 Jul 2024 02:30:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Bloomberg Analyst – DIGIT INFO https://www.digit.info 32 32 Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact https://www.digit.info/bloomberg-analyst-discusses-solana-etf-deadline-and-election-impact/ Thu, 11 Jul 2024 02:30:50 +0000 https://www.digit.info/bloomberg-analyst-discusses-solana-etf-deadline-and-election-impact/ Read more]]> Bloomberg Analyst Discusses Solana ETF Deadline and Election ImpactA senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval. Analyst Discusses Political Impact on Solana ETFs A senior […]

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Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’ https://www.digit.info/commodity-analyst-mike-mcglone-suggests-bitcoin-appears-poised-to-resume-its-inclination-to-outperform/ Mon, 19 Dec 2022 21:30:13 +0000 https://www.digit.info/2022/12/19/commodity-analyst-mike-mcglone-suggests-bitcoin-appears-poised-to-resume-its-inclination-to-outperform/ Read more]]> Commodity Analyst Mike McGlone Suggests 'Bitcoin Appears Poised to Resume Its Inclination to Outperform'Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to resume its inclination to outperform.” McGlone’s comments follow his previous prediction that noted bitcoin and ethereum appear to have “completed the bulk of their drawdown.” […]

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Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’ https://www.digit.info/commodity-strategist-mike-mcglone-says-btc-eth-appear-to-have-completed-the-bulk-of-their-drawdown/ Tue, 08 Nov 2022 23:00:44 +0000 https://www.digit.info/2022/11/08/commodity-strategist-mike-mcglone-says-btc-eth-appear-to-have-completed-the-bulk-of-their-drawdown/ Read more]]> Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov. 3, 2022. McGlone detailed that volatility in bitcoin and ethereum has dropped to low levels in comparison to traditional assets, and this trend could “tilt […]

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Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’ https://www.digit.info/mike-mcglone-says-gold-price-is-firming-commodity-strategist-insists-btc-eth-will-outperform-most-major-assets/ Thu, 06 Oct 2022 16:30:52 +0000 https://www.digit.info/2022/10/06/mike-mcglone-says-gold-price-is-firming-commodity-strategist-insists-btc-eth-will-outperform-most-major-assets/ Read more]]> Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover, as far as bitcoin and ethereum are concerned, the analyst argues that the […]

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Analyst Predicts ‘Refreshed Bull Market’ for Bitcoin, Price Heading Toward $100K https://www.digit.info/analyst-predicts-refreshed-bull-market-for-bitcoin-price-heading-toward-100k/ Fri, 06 Aug 2021 02:15:12 +0000 https://www.digit.info/2021/08/06/analyst-predicts-refreshed-bull-market-for-bitcoin-price-heading-toward-100k/ Read more]]> Analyst Mike McGlone Predicts 'Refreshed Bull Market' for Bitcoin, Price Heading Towards $100KBloomberg Intelligence analyst Mike McGlone sees “a refreshed bull market” for bitcoin. Comparing the performance of the cryptocurrency to the start of 2019, he explained, “we see performance parallels that could get the benchmark crypto back on track toward $100,000.” Bitcoin Back on Track Toward $100,000 Bloomberg Intelligence published analyst Mike McGlone’s August cryptocurrency outlook […]

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Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support https://www.digit.info/strategist-mike-mcglone-believes-bitcoin-can-jump-to-60k-resistance-vs-20k-support/ Sun, 25 Jul 2021 05:16:51 +0000 https://www.digit.info/2021/07/25/strategist-mike-mcglone-believes-bitcoin-can-jump-to-60k-resistance-vs-20k-support/ Read more]]> Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K SupportThe senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. […]

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Stock-to-Flow Creator Says ‘$288K Still in Play,’ Mike McGlone Sees an ‘Ace up Bitcoin’s Sleeve’ https://www.digit.info/stock-to-flow-creator-says-288k-still-in-play-mike-mcglone-sees-an-ace-up-bitcoins-sleeve/ Sat, 12 Jun 2021 21:30:22 +0000 https://www.digit.info/2021/06/12/stock-to-flow-creator-says-288k-still-in-play-mike-mcglone-sees-an-ace-up-bitcoins-sleeve/ Read more]]> The popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s over 425 bitcoin call options with a strike price of $200K set for December 31, 2021. Plan B Says: ‘$288K Still in Play’ On June 12, 2021, […]

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Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K https://www.digit.info/commodity-strategist-mike-mcglone-says-40k-btc-target-more-likely-than-20k/ Wed, 09 Jun 2021 19:30:33 +0000 https://www.digit.info/2021/06/09/commodity-strategist-mike-mcglone-says-40k-btc-target-more-likely-than-20k/ Read more]]> Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop to the $20K zone if there’s more pullback in the cards. Bloomberg Commodity Strategist Suggests […]

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