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Bloomberg Analyst Says Bitcoin Could Be Kicking Off New Supercycle As BTC Outperforms Gold

By Daily Hodl Staff at 2024-12-27 02:16

Sentiment: Positive

Bloomberg’s senior macro strategist Mike McGlone says that Bitcoin (BTC) vastly outperforming gold may be indicative of a new supercycle for the king cryptocurrency. McGlone tells his 55,000 Twitter followers that one of Bitcoin’s key advantages over gold is its low and rising adoption plus diminishing supply. “Looking for a super cycle? Bitcoin Outperforms Commodities […] The post Bloomberg Analyst Says Bitcoin Could Be Kicking Off New Supercycle As BTC Outperforms Gold appeared first on The Daily Hodl. Continue reading...

Categories: Bitcoin

Tags: #Bitcoin #bloomberg #BTC #mike mcglone #News

Source The Daily Hodl