Golden Finance reported that Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, explained why BTC prices have recently experienced a pullback on the X platform. He mentioned that the current market pullback not only involves BTC, but also gold and other risky assets have declined. It's just that due to high volatility, BTC has experienced a larger drop. However, for BTC, it's actually just a normal pullback. Mike McGlone also mentioned that although the S&P 500 index did not experience a significant decline in the fourth quarter of this year, it doesn't mean that this momentum can continue, especially in 2025, it's unlikely to maintain its upward trend.
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Strateg Bloomberg: Selain Bitcoin, pullback saat ini juga terjadi pada emas dan aset berisiko lainnya, Bitcoin hanya mengalami "normalisasi"
Golden Finance reported that Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, explained why BTC prices have recently experienced a pullback on the X platform. He mentioned that the current market pullback not only involves BTC, but also gold and other risky assets have declined. It's just that due to high volatility, BTC has experienced a larger drop. However, for BTC, it's actually just a normal pullback. Mike McGlone also mentioned that although the S&P 500 index did not experience a significant decline in the fourth quarter of this year, it doesn't mean that this momentum can continue, especially in 2025, it's unlikely to maintain its upward trend.