Bloomberg Intelligence commodity strategist Mike McGlone warns that Dogecoin (DOGE) may be mirroring historical bubbles like those of 1929 and 2000, potentially leading to sharp price reversals typical of speculative assets. He suggests Bitcoin could similarly plummet to $10,000, echoing the Nasdaq's 2000 crash. Furthermore, he points to a correlation between the gold-to-Bitcoin ratio and Dogecoin's volatility, suggesting potential downside for both.

彭博情報商品策略師邁克·麥格隆（Mike McGlone）警告說，狗狗（Doge）可能會反映歷史泡沫，例如1929年和2000年的泡沫，可能導致典型的投機資產的價格逆轉。 他建議比特幣類似地跌至10,000美元，這與納斯達克2000年的崩潰相呼應。 此外，他指出了黃金與 - 比幣比與多黴素的波動之間的相關性，這表明兩者都有潛在的缺點。

McGlone, in a recent X post, drew parallels between current cryptocurrency market conditions and major historical financial collapses. He highlighted the risk of rapid price corrections in speculative assets like Dogecoin, comparing them to past high-risk investments that experienced sudden and significant value losses. He noted: "Dogecoin, 1929, 1999 Risk-Asset Silliness and Gold – The ratio of #gold ounces equal to #Bitcoin trading almost tick-for-tick with #Dogecoin may show the risks of reversion in highly speculative #digitalassets, with #deflationary implications underpinning the metal."

麥格隆（McGlone）在最近的X帖子中，在當前的加密貨幣市場狀況與重大歷史財務崩潰之間取得了相似之處。他強調了諸如Dogecoin等投機資產的快速價格更正的風險，將它們與過去經歷了突然且重大價值損失的高風險投資進行了比較。 他指出：“ Dogecoin，1929年，1999年，風險分配的愚蠢和黃金 - #gold盎司等於#bitocoin交易幾乎與#DogeCoin進行tick腳交易的比率可能顯示出高度投機的#DigitalAssets的回歸風險，以及#DeclationAssets的#DeclationAss含義。

McGlone further emphasized Bitcoin's potential price decline, drawing a comparison to the Nasdaq 100 index's 2000 crash, where the index fell from 4,700 to 800 points after reaching its peak. Source: X

McGlone進一步強調了比特幣的潛在價格下跌，比較了納斯達克100指數2000年崩潰的比較，該指數在達到頂峰後從4,700點下降到800分。來源：X

Earlier this month, McGlone predicted Bitcoin's potential drop to $10,000, attributing this prediction to similarities between current risk assets and the overvalued tech stocks of the dot-com era. He observed that the gold-to-Bitcoin price ratio currently mirrors Dogecoin's price movements, implying potential declines in both if investors shift towards safer havens like gold.

本月初，麥格隆預測比特幣的潛在跌至10,000美元，這將這一預測歸因於當前風險資產與互聯網時代高估的科技股之間的相似之處。他觀察到，黃金與 - 比蒂幣的價格比目前反映了Dogecoin的價格變動，這意味著如果投資者轉向像黃金這樣的更安全的避風港，這兩者的潛在下降。

McGlone's analysis reflects his broader view that cryptocurrencies exhibit characteristics of market bubbles. He argues that investors may divest from Dogecoin and Bitcoin during periods of market uncertainty, favoring traditional safe-haven assets. This perspective is echoed, albeit indirectly, by Cathie Wood of Ark Invest, who recently reduced her firm's holdings in Meta shares, reflecting a broader trend of portfolio adjustments amid concerns about overvalued risk assets.

麥格隆的分析反映了他更廣泛的觀點，即加密貨幣表現出市場泡沫的特徵。他認為，在市場不確定性期間，投資者可能會從狗狗幣和比特幣中脫離，有利於傳統的安全資產。 Ark Invest的Cathie Wood在間接地呼應了這一觀點，儘管Ark Invest的Cathie Wood最近減少了她公司在Meta股票中的持股，這反映了對高估風險資產的擔憂，這一廣泛的投資組合調整趨勢。

McGlone's warnings come as Bitcoin trades near $26,000, significantly down from its 2021 peak above $60,000. Dogecoin, currently priced near $0.06, also remains below its 2021 high of $0.74. Historical data consistently demonstrates that assets fueled by speculative fervor often undergo sharp corrections, as exemplified by the Nasdaq's 2000 collapse.

McGlone的警告是比特幣交易近26,000美元的，其2021年峰值高於60,000美元。 Dogecoin目前的價格接近$ 0.06，也低於其2021高度0.74美元。 歷史數據一致地表明，納斯達克（Nasdaq）2000年崩潰的例證，被投機性熱情助長的資產經常經常經歷急劇的糾正。