Bloomberg strategist: After bitcoin surged last year and then corrected, crude oil and other commodities may face similar risks this year.
According to Odaily, Bloomberg Senior Commodity Strategist Mike McGlone stated on platform X that after a significant surge in Bitcoin in 2025, a sharp correction has occurred. Currently, silver, gold, copper, natural gas, and most critically, crude oil may enter the "up-too-much" range by the end of 2026, facing similar correction risks. Generally, rapid asset price increases are supported by fundamentals, but at the same time, they also stimulate supply growth and suppress demand, ultimately leading to price reversals. Among them, the rapid spike in crude oil prices is often "destructive" and has historically triggered a series of market or economic chain reactions on multiple occasions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"Big Short" Burry increases short positions on Nasdaq 100 and semiconductors, says Nvidia (NVDA.US) influence may enter a "new paradigm"
"The Big Short" Michael Burry has increased his bearish bets on the Nasdaq 100 Index and semiconductor stocks.

Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”
Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.

US Research Review - Azenta, Cencora, Stratasys
After Jensen Huang stepped down, Nvidia (NVDA.US) shares plunged; retail investors bought up $111 million within half an hour of the market opening.
Retail investors are still betting on a rebound in NVIDIA (NVDA.US) stock price.

