News Snapshot:
Bitcoin will emerge stronger after stocks dip '10-20%' — Bloomberg analyst Bitcoin (BTC) will soon no longer be a risk asset and investors should brace for a fresh price correction, says one of Bloomberg’s best-known analysts. Source: cointelegraph.com In an appearance on the [Wolf of All Streets podcast]() on Jan. 18, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, sounded the alarm on global markets’ “up only” narrative. McGlone: Bitcoin ‘least risky’ crypto bet As Bitcoin struggles in 2022, those hoping for a dramatic return to form will be disappointed by McGlone’s mid-term forecast. The United States Federal Reserve, he...
