Bloomberg Analyst Says Bitcoin’s Risk-To-Reward Tilting Bullish for Second Half of 2022

Bloomberg’s lead commodities strategist says that the second half of this year could be Bitcoin’s (BTC) time to shine, after nearly eight months of bearish price movement.
Analyst Mike McGlone tells his 47,000 Twitter followers that Bloomberg’s Galaxy Crypto Index, which follows a basket of the largest cryptocurrencies to track the market’s overall performance, is mirroring its behavior from the 2018 bear market bottom.

“With the Bloomberg Galaxy Crypto Index nearing…
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