Top Bloomberg Analyst Predicts a Bitcoin Price action Surge of up to $400,000; A Reflection of the 2013 Boost.

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McGlone says that the currency’s technical outlook keeps growing strong. He also added that this feat could be possible since companions for strong annual rallies in the “first-born crypto” are favorably aligned. He further stated that:

The analyst also that Visa, Morgan Stanley, and Goldman Sachs have adopted the digitalization of money. He says this indicates that BTC could replace gold as the global digital-reserve asset.

McGlone also cites Tesla, the world’s largest automaker, converting its worth to Bitcoin, which is evidence of the currency’s mass adoption. He also mentioned that crypto payments to merchants have increased, which is another indication that the $400,000 feat is possible. 

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