"According to Bloomberg, Bitcoin is replacing gold “more abruptly” than anticipated. Quotes a price potential of $400,000 in 2021."
Oh, such very bullish prediction right there. I wonder how those Bloomberg analysts came up with so high a number. But then:
Only in December did Bloomberg declare bitcoin to be in a huge bubble.
Here we go, it was only a matter of a few months before they suddenly shift from a non-believer into an overly bullish Bitcoin supporter. From declaring Bitcoin as a bubble, they are now confidently releasing their own price prediction, which is more like a bubble than a realistic one.