(BTCThe surging inflation rate and geopolitical turmoil will make 2022 a very difficult year for. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone thinks that gold is outperforming Bitcoin in the year to-date. Bitcoin may make a comeback. McGlone expects the current circumstances to “mark another milestone in Bitcoin’s maturation.”

A bullish indicator for the future is the fact that Bitcoin miners are increasing their Bitcoin holdings every year since 2021. Compass Mining founder and CEO Whit Gibbs said to Cointelegraph that Bitcoin mining companies are “taking more of a Bullish attitude to Bitcoin.”