Bitcoin’s transition to a risk-off asset will propel it to $100K in 2022, says Bloomberg analyst
Bloomberg analyst Mike McGlone is convinced Bitcoin is on track to reach $100K in 2022, as it completes its transition from a risk-on to risk-off asset. While the Fed is planning to raise interest rates in order to fight inflation, risk-on assets like crypto may suffer, as people would likley prefer to invest in fixed-income…
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