Bloomberg analyst Mike McGlone: Bitcoin ready to rise to $13 000

Chief strategist for commodities Bloomberg Intelligence Mike McGlone expect an early breakthrough price, the first cryptocurrency to the resistance level at $13 000.

In his opinion, this indicates a bullish set of signals.

«More neglect on the part of the bulls had better be good, keeping the price up for greater consolidation of cryptocurrency,» said he.

McGlone added that reducing the volatility of bitcoin reflects the maturation of the asset to the role of digital gold.

Technical prospects of quotations of commodities, except gold, for the 2nd quarter analyst has rated as bearish.

Previously a strategist at Bloomberg, said about the inevitability of growth in the price of the leading cryptocurrency, which by the end of the year could exceed $20 000.


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