Bitcoin may lose up to 50% of its value against gold

16:44 - 24.12.2025


December 24, Fineko/abc.az. Mike McGlone, senior strategist at Bloomberg Intelligence, warns of the risk of Bitcoin falling against gold.

ABC.AZ informs that as of December 22, the ratio was about 20x, and the expert considers a drop to 10x more likely than an increase to 30x in 2026. This means that the purchasing power of bitcoin can be halved compared to gold.

McGlone notes that bitcoin/gold exchange rate serves as an early indicator of recession risk and correlates with stocks and market volatility. According to his forecast, if American stocks decline by 10%, the minimum price levels in 2026 may be: oil about $40, gasoline $2 and bitcoin approx. $50,000.