BITCOIN WILL SOON HIT $400K BASED ON PREVIOUS BULL RUNS SAYS BLOOMBERG!! ENJIN COIN HITS NEW ATH!!

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History suggests this Bitcoin bull run is only just getting started. Released on Monday, a report by Bloomberg Intelligence strategist Mike McGlone predicted Bitcoin could soon approach $400,000 per BTC based on past Bitcoin bull runs, adding:

“In September, 180-day volatility on the crypto about matched the all-time low from October 2015. From that month’s average price, Bitcoin increased a little over 50x to the peak in 2017.”

Although it doesn’t give a specific time-frame for when this peak might be achieved, the report does specify that over the next quarter the price is likely to “breach $60,000 resistance and head toward $80,000.”

In other trending Bitcoin News today:

“3 Reasons Enjin Coin (ENJ) Price Surged By Over 40% In A Single Day”

The price of Enjin Coin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 40% in the last 24 hours reaching a new all time high of $3.47.

There are three major factors behind ENJ’s strong short-term uptrend, namely the Coinbase listing, technical momentum and the interest around JumpNet.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://assets.bbhub.io/promo/sites/12/1060725_Crypto-Apr2021Outlook.pdf?fbclid=IwAR2bavyEUYpQjZo6Mqkg9tzPNqL0SJRoabGgzAY946mowxtgstvdqkGScbc

https://cointelegraph.com/news/3-reasons-enjin-coin-price-surged-by-over-30-in-a-single-day

https://cointelegraph.com/news/crypto-sentiment-falls-even-as-bloomberg-tips-bitcoin-will-hit-400k

https://cointelegraph.com/news/bitcoin-price-stalls-as-traders-warn-btc-could-dip-lower-than-55k