779: BITCOIN WILL STABILIZE AROUND 100X THE PRICE OF AN OUNCE OF GOLD AS MONEY MANAGERS ALLOCATE TO BTC!!

<p>Bloomberg’s head commodity strategist Mike McGlone says the crypto markets look poised for a bullish 2022, with Bitcoin and Ethereum set to lead the charge.</p> <p><em>“Bitcoin appears to be on a trajectory for $100,000. We see it as more of a question of time, notably due to the economic basics of increasing demand vs. decreasing supply."</em></p> <p>In the long term, the commodity strategist says that Bitcoin could ultimately find a stable price somewhere in the neighborhood of 100x the price of an ounce of gold, which right now would be $178,300.</p> <p><em>“A potential path for the Bitcoin price is to stabilize around 100x an ounce of gold and for volatility to resume its downward trajectory, if past patterns repeat.”</em></p> <p><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> For complete show notes and for the full premium experience with video, visit YouTube channel at <a href= "http://cryptonewsalerts.net">http://CryptoNewsAlerts.net</a></span></p>