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 Metaplanet jumps 5% today, pushing 2026 gains to 35% January 9, 2026 CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report October 7, 2021 Bitcoin’s current setup creates an interesting risk-reward situation for bulls May 23, 2022