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According to the management of Pantera Capital, projects of decentralized finance will become the "fuel" for the next bull cycle.
Bloomberg Intelligence analyst Mike McGlone has once again expressed confidence that the Bitcoin rate is preparing to march to $ 100,000.
Bloomberg analyst Mike McGlone believes that Bitcoin and Ethereum have found strong support in the past months and are in a growth phase. The Bitcoin rate, in his opinion, may well reach $ 100,000.
Bitcoin price has been holding in a narrow corridor between $ 30,000 and $ 35,000 for several weeks. Glassnode analysts have named the factors that can push the Bitcoin rate up. After recent fluctuations in the cryptocurrency market associated with bans by the Chinese authorities on mining and trading cryptocurrencies, the Bitcoin rate has stabilized and is holding in a narrow range.
In the monthly issue of the digest on the cryptocurrency market, Bloomberg analyst Mike McGlone said that within 5 years the Bitcoin rate could exceed $ 100,000.
Binance CEO Changpeng Zhao commented on the messages of his subscribers who make fun of him because of inaccurate forecasts of the Bitcoin rate.
