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Bloomberg analyst: BTC may pull back to $50,000

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2025-12-01 12:10:39
Bloomberg analyst Mike McGlone said in a social media post that extreme stock market complacency may indicate that risk assets will fall further, with BTC likely to lead the decline. The current BTC/gold price ratio is around 20 times, and Bloomberg economic models suggest its reasonable value is closer to 13 times.
McGlone pointed out that the S & P 500 120-day volatility is approaching its lowest year-end level since 2017, which is one of the main reasons for the return of the BTC/Gold ratio to 13x. Analysts believe this may be a normal mean reversion phenomenon, indicating that the BTC price may pull back to the $50,000 level.
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