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 Token launchpad Fjord Foundry raises over $15 million in its token pre-sale April 19, 2024 Iran and Russia want to issue new stablecoin backed by gold January 16, 2023 Price analysis 8/4: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT August 4, 2023