Bitcoin May Have Kicked off a ‘Supercycle’ – Bloomberg Analyst
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The asset has significantly outperformed gold this year. Bloomberg Intelligence Senior Macro Strategist Mike McGlone has asserted that Bitcoin shows indications of a potential supercycle. For context, a supercycle is an extended period of strong growth characterized by sustained demand that exceeds the available supply. In a tweet yesterday, McGlone pointed out that this year, […]
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