A senior analyst for Bloomberg shared the organization’s Crypto Outlook report explaining why bitcoin will outperform other assets over time.
- Senior commodity analyst for Bloomberg expects bitcoin to bottom around $ 20,000.
- The Bloomberg Crypto Outlook Report explains changes in the Fed’s tight monetary policy can result in rising prices for bitcoin.
- The report cites bitcoin’s dwindling supply as the reason for its likely increase in value over time.
Mike McGlone, a senior commodity strategist at Bloomberg, shared Bloomberg’s Crypto Outlook report on LinkedIn discussing bitcoin’s next bull run as it relates to the broader economy.