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Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 – Sees ‘Refreshed’ Bitcoin Bull Market

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Analyst Mike McGlone with Bloomberg Intelligence has shared his outlook for the cryptocurrency market going forward. “We expect the U.S. to embrace cryptocurrencies in 2022, with proper regulation and related bullish price implications,” he detailed. Noting that “Bitcoin appears to be on a trajectory for $100,000,” the analyst added that we are likely to see “A paused, corrected and refreshed bull market.” Crypto Market Outlook and Bitcoin’s Price Prediction Bloomberg Intelligence (BI) published its 2022 crypto outlook report last week. “Incentivized by China’s ban and the proliferation of revolutionary technologies…

The post Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 – Sees ‘Refreshed’ Bitcoin Bull Market appeared first on Technology Manias.

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