CoinWorld News: Bloomberg’s senior commodities strategist Mike McGlone posted on the X platform that after a major surge, Bitcoin saw a violent pullback in 2025. Currently, silver, gold, copper, natural gas, and the most critical crude oil could enter the “up-too-much” (overextended) range before the end of 2026, and face the same kind of pullback risks as Bitcoin. Generally, assets that rise rapidly have fundamental support, but they also encourage increased supply and curb demand, ultimately leading to a price reversal. Among them, the rapid spike in crude oil prices often has “destructive” effects, and historically has triggered chain reactions across markets or the economy.

BTC2.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin