Bloomberg: Bitcoin could hit $ 500K or drop to zero – Cointelegraph

Bloomberg: Bitcoin could hit $ 500K or drop to zero – Cointelegraph

In the September Crypto Outlook newsletter, Bloomberg analyst Mike McGlone observed that the price of Bitcoin (BTC) could either hit the $ 500,000 mark or fail. McGlone continued to reiterate that in her opinion, Bitcoin is on its way to becoming digital gold. He once again pointed out that the limited supply and growing demand for Bitcoin were key indicators of adoption and drew comparisons to…

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