[Bloomberg Analyst Predicts Bitcoin May Revisit $50,000, Bitcoin/Gold Ratio Could Drop to 13x] Bloomberg Intelligence Senior Commodity Strategist Mike McGlone stated that Bitcoin might revisit $50,000, and the Bitcoin/Gold ratio could eventually drop to 13x. He noted that as of December 1, the ratio was approximately 20x, while its fair value should be closer to 13x. A key factor driving the ratio's reversion is the S&P 500 Index's 120-day volatility nearing its lowest year-end level since 2017. McGlone also mentioned that the market's extreme complacency could lead to further declines in risk assets, with Bitcoin likely to bear the brunt.