Mike McGlone
Mike McGlone|Feb 16, 2025 21:00
Bitcoin 50,000 or 150,000 Next? Implications - #Bitcoin approaching 150,000 in 2025 might suggest another 12+ trillion year of US #stockmarket wealth creation, inflation and Fed tightening. Heading toward 50,000 could coincide with some typical deflation following the inflation and put the Fed at ease. Up about 10% since bitcoin first closed above 100,000, gold may sniffing out a bit of risk-asset normalization. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sr3tihdwx2ps {BI COMD} #commodities #macroeconomics @BBGIntelligence
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