Bloomberg’s closely followed commodities analyst Mike McGlone says that the $20,000 range for Bitcoin may act as the new price floor, similar to $5,000 in years past. The analyst says that the flagship cryptocurrency is now approaching historically “too-cold” price levels, based on a series of moving averages. “$20,000 Bitcoin may be the new $5,000 […]The post Top Bloomberg Analyst Says $20,000 Bitcoin May Be the New $5,000 – Here’s Why appeared first on The Daily Hodl.
