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3232Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone
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Thu, 23 Mar 2023 05:05:03 +0000https://www.digit.info/2023/03/23/bitcoin-supercycle-may-be-happening-says-commodity-strategist-mike-mcglone/Read more]]>Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely to recover compared to commodities when the crypto “heads toward […]
Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely to recover compared to commodities when the crypto “heads toward […]