RATE Group | Bitcoin Halving Is For Amateurs: Bloomberg strategist Mike McGlone
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Bitcoin Halving Is For Amateurs: Bloomberg strategist Mike McGlone

23 Apr Bitcoin Halving Is For Amateurs: Bloomberg strategist Mike McGlone

Posted at 07:06h in Bitcoin News by

  • Mike McGlone is bullish on Bitcoin than any other asset in the market saying that all others are “five thousand wannabes.”
  • Bitcoin halving to take place in 20 days but McGlone says that it is a non-event.

Bitcoin halving is approaching fast. However, according to Bloomberg’s senior commodity strategist, Mike McGlone, this is a “non-event.” He was speaking during an interview with Cointelegraph on his experience as a commodities trader and how that expertise has impacted his Bitcoin business.

The stock market had its biggest correction since the Great Depression, down 15 percent. I view that as quite significant that Bitcoin is weathering this storm yet. And the key thing I find about it, it’s never stopped trading, never stopped, never halted, didn’t have a third party guiding it. I view that as someone who’s been trading commodities my whole life is very impressive.

McGlone also emphasized that he is “not bullish on anything else other than…

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