Deep Tide TechFlow News, April 13th, Bloomberg senior commodity strategist Mike McGlone posted on the X platform that after a significant rally in Bitcoin in 2025, there was a sharp correction. Currently, silver, gold, copper, natural gas, and the most critical crude oil may enter the "overbought" zone before the end of 2026, and face similar correction risks. Generally, assets that rise rapidly are supported by fundamentals, but they also stimulate increased supply and suppress demand, ultimately leading to a price reversal. Among them, the rapid surge in crude oil prices is often "destructive," having triggered multiple chain reactions in markets or the economy historically.

BTC1.45%
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