Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst Post author:MiamiCrypto Post published:August 8, 2022 Post category:Bitcoin Analysis / Bitcoin Price / Bonds / Economy / Energy / gold / Market Analysis / Markets / Oil and Gas / Price analysis As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg. You Might Also Like Avalanche Price Analysis: AVAX Rallies Above $100 on USDC Integration News December 16, 2021 Analyst say Ethereum price could fall to $1,700 if the current climate prevails February 19, 2022 BlackRock’s Bitcoin ETF options rank among top traded in market December 3, 2025