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Bloomberg made a forecast of the cost of cryptocurrency and gold for 2021

Bitcoin will rise to $20,000 in 2021, and gold to $2,000, Bloomberg analyst Mike McGlone said on November 9 on his Twitter page.

McGlone has published statistics on the monitoring of the gold and bitcoin rate by the Bloomberg Intelligence division since 1995, in which the forecast values fluctuate at this mark by the beginning of next year.

“Average annual prices are aiming to hit $2,000 an ounce for gold and $20,000 for bitcoin in 2021,” McGlone wrote under the chart.

The expert linked the increase in the value of bitcoin with the constant growth of computer power.

“This is evidenced by the new bull market with improved fundamentals and technical bases,” — said McGlone.

At the moment, the bitcoin rate is 15 thousand dollars, and the cost of an ounce of gold is 1850 dollars.

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