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September 19, 2020
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Bitcoin

Bitcoin $ 10,000 recovery factor Bloomberg analyst views


Mike McGlone, a strategist and commodity strategist at Bloomberg Intelligence, a major US media outlet, posted his views on the bitcoin market on Twitter. He expressed his belief that the Bitcoin price could return to $ 10,000 due to the increase in the number of active Bitcoin addresses and the strong amount of assets under management of Bitcoin investment trusts. It was The number of addresses used has risen and the Open Interest (OI) of CME futures has reached the highest level. Also, the amount of assets under management (AUM) of GBTC is …

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