Analyst on Bitcoin – ‘Risk v. rewards is tilting towards…’

Mike McGlone, Senior Commodity Strategist at Bloomberg, predicts a rise in the price of Bitcoin in the second half of 2022. On 6 July, McGlone tweeted his observations, noting that the Bloomberg Galaxy Crypto Index (BGCI) and the 50-week and 100-week moving averages for BTC showed encouraging trends. He asserted that the current indicators resemble […]