Mike McGlound: Bitcoin will reach three years $100 000 – Bits Media

Bloomberg’s analyst for exchange products said Bloomberg, that acceptance and demand for bitcoin are growing.

Mike McGlound (Mike McGlone) Convinced: Each market signal speaks of, that the value of bitcoin is growing. The expert compared the current fall in the quotation cryptocurrencies with a fall of the Nasdaq index in 2002 year and subsequent stable growth over a long period of time. The analyst claims, that Bitcoin will only benefit from the "new head of economics", in which speculations are due not only to those, how much money the federal reserve system prints (FRS).

«Days, when could there be non -viable companies, passed. Now, if the business does not work, He goes to the bottom. And that's good, After all, now, When, after a wave of bankruptcy, the market was cleaned, It is open for a solid business ", - said Mike McGlone.

CEO of Kraken Exchange Jesse Powell (Jesse Powell) Holds a similar opinion. In August, he said, which is still optimistic about bitcoin. The head of Kraken still hopes to buy for 1 BTC Luxury car Bugatti.

Bank of America in April announced, that the fall of the stock market can push bitcoin to a bar of $ 100,000. Bank analysts count, that against the background of macroeconomic events, bitcoin becomes an instrument for protecting assets. According to the survey, conducted by Paxos among regular customers of physical gold, Almost a third of the respondents consider bitcoin as the best alternative to precious metal ..