Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually.
Bloomberg
Bitcoin can reach $400K in 2021 as ‘risk-off reserve asset’ — Bloomberg
With institutions demanding protection from inflation and dollar depreciation, historical trends could see BTC/USD 8X from current prices, says Bloomberg Intelligence.
Experts divided on BTC predictions: Bullish or super bullish?
From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin.
Canadian Bitcoin ETF predicted to hit $1B AUM by Friday: Bloomberg analyst
Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, “barring a nasty selloff.”
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
Bloomberg’s Mike McGlone says BTC could be headed to $50K as gold loses appeal
The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024.
Grayscale is buying BTC 54% faster than it is mined so far in 2021
Grayscale is continuing its BTC accumulation spree, snapping up more than 40,000 BTC in just 16 days.
Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg
Bitcoin’s 30% price correction was enough to give some CFOs second thoughts.
$50K BTC in 2021? Bloomberg Analysts Join the ‘Traditional Onslaught’ Driving Bitcoin’s Rally
A new crypto outlook from Bloomberg suggests BTC could reach $50,000 in 2021, topping off a month of major institutional momentum for the asset.
‘Ethereum only’ investors are growing, according to Grayscale
The asset manager says Ethereum’s mass appeal is growing.
