The value of Bitcoin against gold may decrease by 50%, predicts Bloomberg Intelligence’s Mike McGlone. Currently, Bitcoin is 20 times more valuable than gold, but by 2026, it could drop to 10 times. This shift could have significant implications for investors and the market.

McGlone’s analysis shows a high correlation between stocks, market volatility, and the Bitcoin/gold cross, with a correlation of 0.5376. This suggests they are part of a “risk-on, risk-off” package. Investors should monitor these relationships closely for potential impacts on their investment strategies.

Looking ahead to 2026, McGlone predicts core CPI easing to 1%, oil near $40, gasoline around $2, and Bitcoin at $50,000. These projections highlight potential market trends and shifts that investors should consider in their decision-making processes.

Read more at Yahoo Finance: Bitcoin Faces Another 50% Reckoning As Gold Shines, Analyst Says