(BTCThe surging inflation rate and geopolitical turmoil will make 2022 a very difficult year for. Bloomberg Intelligence senior commodity strategist Mike McGlone says that while Bitcoin has performed better than gold year-to-date (although it is still outperforming gold), he believes that this will continue. Bitcoin may make a comeback. McGlone expects the current circumstances to “mark another milestone in Bitcoin’s maturation.”

The fact that Bitcoin miners have increased their Bitcoin holdings over the past 2021 is another bullish sign. Compass Mining founder and CEO Whit Gibbs said to Cointelegraph that Bitcoin mining companies are “taking more of a Bullish attitude to Bitcoin.”