523: BITCOIN CAN HIT $400,000 IN 2021 AS ‘RISK-OFF RESERVE ASSET’ SAYS BLOOMBERG INTELLIGENCE!! - a podcast by Justin Verrengia

from 2021-03-27T15:08:14

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Bitcoin still gets criticized for being too volatile, but one Bloomberg analyst believes that BTC is conversely becoming a "risk-off" choice for investors.

In a tweet on March 25, Mike McGlone, senior commodity strategist at Bloomberg, said that this year marked a watershed moment for the largest cryptocurrency and that a $400K Bitcoin price would 'rhyme' with history.

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