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.

彭博情报商品策略师迈克·麦格隆（Mike McGlone）警告说，狗狗（Doge）可能会反映历史泡沫，例如1929年和2000年的泡沫，可能导致典型的投机资产的价格逆转。 他建议比特币类似地跌至10,000美元，这与纳斯达克2000年的崩溃相呼应。 此外，他指出了黄金与 - 比币比与多霉素的波动之间的相关性，这表明两者都有潜在的缺点。

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."

麦格隆（McGlone）在最近的X帖子中，在当前的加密货币市场状况与重大历史财务崩溃之间取得了相似之处。他强调了诸如Dogecoin等投机资产的快速价格更正的风险，将它们与过去经历了突然且重大价值损失的高风险投资进行了比较。 他指出：“ Dogecoin，1929年，1999年，风险分配的愚蠢和黄金 - #gold盎司等于#bitocoin交易几乎与#DogeCoin进行tick脚交易的比率可能显示出高度投机的#DigitalAssets的回归风险，以及#DeclationAssets的#DeclationAss含义。

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进一步强调了比特币的潜在价格下跌，比较了纳斯达克100指数2000年崩溃的比较，该指数在达到顶峰后从4,700点下降到800分。来源：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，麦格隆预测比特币的潜在跌至10,000美元，这将这一预测归因于当前风险资产与互联网时代高估的科技股之间的相似之处。他观察到，黄金与 - 比蒂币的价格比目前反映了Dogecoin的价格变动，这意味着如果投资者转向像黄金这样的更安全的避风港，这两者的潜在下降。

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.

麦格隆的分析反映了他更广泛的观点，即加密货币表现出市场泡沫的特征。他认为，在市场不确定性期间，投资者可能会从狗狗币和比特币中脱离，有利于传统的安全资产。 Ark Invest的Cathie Wood在间接地呼应了这一观点，尽管Ark Invest的Cathie Wood最近减少了她公司在Meta股票中的持股，这反映了对高估风险资产的担忧，这一广泛的投资组合调整趋势。

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的警告是比特币交易近26,000美元的，其2021年峰值高于60,000美元。 Dogecoin目前的价格接近$ 0.06，也低于其2021高度0.74美元。 历史数据一致地表明，纳斯达克（Nasdaq）2000年崩溃的例证，被投机性热情助长的资产经常经常经历急剧的纠正。