Bitcoin Has Fuel For Sprint To $100.000

Hello guys,

Are you still keeping an eye on the situation of cryptocurrency in general, and Bitcoin in particular?

Bitcoin has “fuel for a year-end sprint toward $100,000,” according to Bloomberg Intelligence.

A commodity strategist - Mike McGloneMcGlone went on to predict that regulatory clarity will begin to emerge in 2022 — further validating digital assets and emboldening financial institutions to get involved in the space. He added:

“A melt-up in Bitcoin and Ethereum into year-end is likelier than retracement, we believe, after 2021 corrections cleansed speculative positions, and with increasing demand and adoption, and declining supply, sustaining a bull market. The startup of U.S. ETFs and the fact that cryptos counter China bans limit downside risks.”

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