Bitcoin is the "fastest horse in the race": Bloomberg Analyst
The crypto-verse was hit hard by the bears further prompting the downfall of the entire market. While some went on a selling spree, a few others filled up their pockets with more crypto . Amidst this, several analysts were seen making predictions pertaining to the price movement of Bitcoin [BTC] and other digital assets . Mike McGlone, a senior Bloomberg analyst has time and again made forecasts with regard to Bitcoin’s price. Despite the king coin’s struggle to move past $20K, McGlone continued to stick to his prediction of BTC hitting $100,000. Appearing in a recent interview with Stansberry Research McGlone noted that the asset’s limited supply and increased adoption would drive its price. However, these weren’t the only factors, he further added, “So Bitcoin, I think it’s [only] a matter of time [until] it appreciates towards that $100,000 level. And at some point, it’s going to just slip in and kick into that bull market – maybe at the same time...