Reversion Risk? $10,000 Bitcoin, the Post-2020 Mode - Some degree of reversion is normal for highly volatile, speculative risk assets, and Bitcoin's post-2020 mode is about $10,000. Our chart highlights a top catalyst for pressure on the benchmark crypto: the US stock market. Divergent weakness is my takeaway from Bitcoin's recent breakdown and its decoupling from the S&P 500. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t71w6bkijh9l {BI COMD} #bitcoin #stockmarket @BBGIntelligence(Mike McGlone)