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Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S…
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Bitcoin

FOMO Could Catapult Bitcoin to $150K by Mid-2025 — BTC to Become a ‘Must-Have’ Asset

Bitcoin is forecast to soar to $150,000 by mid-2025, as surging FOMO and institutional investment drive ultra-bullish momentum in the cryptocurrency market. Bitcoin Could Hit $150K by Mid-2025 as FOMO Sends Markets Into Overdrive Nigel Green, CEO of financial advisory firm Devere Group, has predicted that bitcoin could climb to a new high of $150,000 [……
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Is $100K Bitcoin Too Expensive? Michael Saylor Breaks Down His Strategy

Michael Saylor has addressed concerns about $100,000 bitcoin being “too expensive,” revealing a confident strategy rooted in its unmatched value and future potential. Michael Saylor on $100K Bitcoin: A Strategic Bet on Future Value Michael Saylor, executive chairman of Microstrategy, addressed concerns about bitcoin’s rising price in a discussion with Barstool Sports founder Dave Portnoy [……
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Bitcoin

Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation Play

Blackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday…
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