Gold and Bitcoin Are Reverting; Is Beta Next? Bitcoin and gold appear to have made reversion turns in 2026, which may suggest beta is next. My annual chart shows the Bloomberg US Treasury Total Return index potentially bottoming from its lowest since about 1983 vs. the precious metal and Bitcoin's roughly 50% drawdown from 2025's high near $126,000. What's missing is a bit of reversion in the ratio of the S&P 500 vs. GDP from the highest year-end level since 1928. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tggmhcn3n0dq {BI COMD} #gold #bonds #stockmarket #Bitcoin @Bloomberg(Mike McGlone)