“Bloomberg” financial analyst Mike McGlone expressed that gold and Bitcoin are “top candidates” for growth for the rest of 2020, stating that gold’s price revolves steady around $1700 while Bitcoin trades between $9000 and $10000. Surpassing these marks, both form more solid basis for future growth. In case of stock market falling, McGlone believes, BTC and gold will continue growing. Money printing increase by central banks will only accelerate this process.
During the current financial crisis, more industry specialists recognize sustainability of Bitcoin and cryptocurrencies. If you are looking to invest in crypto, maybe it is the best time to start. Meanwhile, we in Ternion are constantly working to provide our clients with efficient and speedy services.