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BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst

Mike McGlone, Bloomberg's senior commodity strategist believes Bitcoin (BTC) could be developing a "bottom" in the same way it did prior to 2019's bull run but said there is a...
BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst © Reuters.
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Mike McGlone, Bloomberg's senior commodity strategist believes Bitcoin (BTC) could be developing a "bottom" in the same way it did prior to 2019's bull run but said there is a major difference this time around.

During a Jan. 16 interview with crypto podcaster Scott Melker, McGlone argued unlike in 2018 when financial institutions such as the Federal Reserve were easing interest rates, this time they’re still tightening along with "every central bank."

Graph shared by McGlone showing Bitcoin market prices. Image: YouTube

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29-01-2023 22:30:57 (UTC+7)

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    EUR/USD 1.0869 ↑ Buy  
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    USD/JPY 129.85 Buy  
    AUD/USD 0.7108 ↑ Sell  
    USD/CAD 1.3311 Neutral  
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    Gold 1,928.00 ↑ Sell  
    Silver 23.725 ↑ Buy  
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Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,720/ 6,820
(6,720/ 6,820) # 1,331
SJC HCM6,720/ 6,820
(-20/ -20) # 1,331
SJC Hanoi6,720/ 6,822
(-20/ -20) # 1,333
SJC Danang6,720/ 6,822
(-20/ -20) # 1,333
SJC Nhatrang6,720/ 6,822
(-20/ -20) # 1,333
SJC Cantho6,720/ 6,822
(-20/ -20) # 1,333
Cập nhật 29-01-2023 22:30:59
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ↀ Giá vàng thế giới
$1,927.97 -2.61 -0.13%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V23.01023.470
RON 95-III22.15022.590
E5 RON 92-II21.35021.770
DO 0.05S21.63022.060
DO 0,001S-V23.39023.850
Dầu hỏa 2-K21.80022.230
ↂ Giá dầu thô thế giới
WTI $79.49 0 0%
Brent $86.08 0 0%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.260,0023.630,00
EUR24.857,5526.249,47
GBP28.270,1829.475,66
JPY175,71186,02
KRW16,4320,02
Cập nhật lúc 18:54:06 29/01/2023
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