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 While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter April 25, 2022 Fantom Looks Oversold While Buy Signals Appear May 9, 2022 CryptoQuant analyst signals Bitcoin’s dip as a prime accumulation opportunity January 10, 2025
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter April 25, 2022