The price of bitcoin (BTC) is set to increase this year, according to a Bloomberg analyst. Mike McGlone, a senior commodity strategist for Bloomberg Intelligence, has said that the two factors – bitcoin’s fixed supply (21 million coins) and increasing adoption – are likely to support the world’s largest cryptocurrency’s appreciation in 2020. “Bitcoin is […]The post Bitcoin set for growth in 2020 due to fixed supply and increasing adoption, says Bloomberg analyst appeared first on The Block.