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#Crypto Outlook

europeanbusinessreview.com

Market Outlook: Where will Bitcoin be by the end of 2021?

As the crypto market continues to rise after a strong start in 2020, 2021 may be no different. Although Bitcoin and Ethereum are currently experiencing a dip, they have both been hitting all-time highs every few weeks. Is there any indication of what other cryptocurrency and Bitcoin prices will do in 2021 after undergoing a correction?
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investing.com

Ethereum to $35,000, Standard Chartered drops bullish predictions

British banking giant Standard Chartered (OTC:SCBFF) has released a rather bullish prediction on the future prices of Bitcoin and Ethereum. The report, which was published on Tuesday, suggests that Bitcoin could trade in the $50,000 to $175,000 price range in the long term. Ethereum, on the other hand, was given a long-term price target of $26,000 to $35,000, on the condition that Bitcoin would first trade in the $175,000 region.
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codelist.biz

“Ethereum on the way to $ 5,000 and $ 100,000 for Bitcoin”

In his recently published forecast report “Crypto Outlook”, Bloomberg chief analyst Mike McGlone is unimpressed by the massive corrections that the crypto market had to accept after May. McGlone sees Bitcoin and Ethereum on the upswing, Bitcoin even on the way to becoming a reserve currency complementary to the US...
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investing.com

Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K

Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K. The September edition of Bloomberg’s Crypto Outlook called $100,000 Bitcoin (BTC) and $5,000 Ether (ETH) the “path of least resistance” after the two assets survived a more than 50% correction through the summer. Bloomberg senior strategist...
MARKETS

Bloomberg: BTC and ETH on ‘Path of Least Resistance’ to $100K and $5K

Earlier in May, Bloomberg Senior Commodity Strategist Mike McGlone said that the price dip suggested that Bitcoin and altcoins had “entered the mainstream”. These sentiments are reiterated in the latest Crypto Outlook report. Bitcoin (BTC) is set to reach $100,000 according to the September edition of Bloomberg Crypto Outlook report....
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thecoinrepublic.com

BTC on the path to $100k after massive correction

BTC is on track to achieve its target of $100k as per Bloomberg senior analyst Mike McGlone. Market cap of cryptocurrencies touched $2.4 trillion during the high of Friday. Bloomberg’s senior ware specialist Mike McGlone has multiplied down available to come in to work for six-figure Bitcoin (BTC), contending that the principal conceived digital money is well en route to turning into a worldwide safe resource that supplements the United States dollar.
MARKETS

Bitcoin Has Been Called A Global Reserve Asset

Mike McGlone, the senior commodity strategist for Bloomberg, has had major praise for Bitcoin, the largest cryptocurrency in the world. He believes that the cryptocurrency is well on its way to transforming into a global reserve asset that would definitely complement the US dollar. The recent edition of Bloomberg’s Crypto...
CURRENCIES
CoinTelegraph

Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K

Bloomberg’s senior commodity strategist Mike McGlone has doubled down on call for six-figure Bitcoin (BTC), arguing that the first-born cryptocurrency is well on its way to becoming a global reserve asset that complements the United States dollar. The September edition of Bloomberg’s Crypto Outlook called $100,000 BTC and $5,000 Ether...
CURRENCIES
bitcoinmagazine.com

Bloomberg Report: Bitcoin At $100,000 Is Path Of Least Resistance

Bloomberg has published the September edition of its Crypto Outlook report, sharing how the company's analysts are navigating the market and measuring adoption rates as well as demand and supply dynamics. According to the report, Bitcoin is set to reach the $100,000 mark soon, a "path of least resistance," as well as establish itself as the global reserve asset.
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