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Mike McGlone, a commodity analyst, suggests that ‘Bitcoin Appears Poised To Resume Its Inclination To Outperform’

 

Mike McGlone, Bloomberg Intelligence’s senior commodity analyst, believes that a “warm spell” is on the horizon for bitcoin markets. He stated Monday that “bitcoin seems poised to resume it inclination to outperform.” McGlone made these comments following his previous prediction, which noted that bitcoin and ethereum have “completed the bulk” of their drawdown.

 

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