Bloomberg Forecasts that Bitcoin (BTC) Will Enter a “Supercycle” and Targets $500,000
Bitcoin’s recent rise above $42,000 signals the start of a possible supercycle, Bloomberg notes. According to Bloomberg, the so-called “Bitcoin supercycle” has captivated cryptocurrency market enthusiasts. The anticipation of the approval of a Bitcoin exchange-traded fund (ETF) in the US is seen as crucial to BTC’s resurgence. Bitcoin’s (BTC) rise above $42,000 marks the start […]
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