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As soon as this bearishness in threat assets subsides as well as assessments recoup again, cryptocurrencies will outperform all various other possession courses, stated Mike McGlone, Senior Product Planner at Bloomberg Intelligence.
Speaking to Michelle Makori, Editor-in-Chief of Kitco Information, McGlone claimed that markets are about to witness a "excellent reversion" in which rates mean go back to the advantage.
Adhere To Michelle Makori on Twitter: @MichelleMakori ()
Comply With Kitco News on Twitter: @KitcoNewsNOW ()
Comply With Mike McGlone on Twitter: @mikemcglone11 ()
0:00 – Crypto Winter
3:14 – Bitcoin's bottom
6:40 – Best-performing crypto
9:00 – Bitcoin rate outlook
10:40 – Bitcoin: risk-on property or inflation bush?
13:00 – Terrific reversion
17:50 – Gold
18:40 – Silver
20:00 – Asset allotment
#Bitcoin #crypto #gold
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The ‘Great Reversion’ is upon us, deflation is next, BTC will be one of ‘best assets' on Earth
Once this bear market in risk assets subsides and valuations recover again, cryptocurrencies will outperform all other asset classes, said Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence.
Speaking to Michelle Makori, Editor-in-Chief of Kitco News, McGlone said that markets are about to witness a “great reversion” in which prices mean revert to the upside.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Mike McGlone on Twitter: @mikemcglone11 (https://twitter.com/mikemcglone11)
0:00 - Crypto Winter
3:14 - Bitcoin's bottom
6:40 - Best-performing crypto
9:00 - Bitcoin price outlook
10:40 - Bitcoin: risk-on asset or inflation hedge?
13:00 - Great reversion
17:50 - Gold
18:40 - Silver
20:00 - Asset allocation
#Bitcoin #crypto #gold
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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