Bloomberg analyst: "BTC should go above $20,000"

Bloomberg analysts discussed Bitcoins recent 20% surge on Wednesday, with Mike McGlone saying that Bitcoin "should go above $20,000"
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Bloomberg analysts Mike McGlone and Abigail Doolittle discussed Bitcoins massive price surge, describing investor FOMO as pushing the price of Bitcoin, coupled with the recent launch of Facebook's cryptocurrency project, Libra. 
McGlone spoke about the recent price, saying that Bitcoin price went through "significant resistance like a hot knife through butter" further saying that when bitcoin broke through $6,500 resistance "it basically says to me, it's going to make new highs"


Bloomberg analyst: "BTC should go above $20,000" Bloomberg analyst: "BTC should go above $20,000" Reviewed by Chaudhry on June 27, 2019 Rating: 5