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 Strategist Warns Gold Surpassed US Treasuries as Reserve Asset: A Dollar Rebalancing Might Follow August 30, 2025 Recovery Rally or Another Crash for SHIB? 3 Things to Watch This Week (Shiba Inu Price Analysis) September 5, 2023 Bitcoin’s Price Coils Near Support With Indicators Flashing Mixed Signals March 29, 2026
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