Market Outlook for Volatile Conditions:

Bloomberg's Mike McGlone points out that silver and Bitcoin may return to $50 and $50,000, respectively, but the key variable behind this is the resurgence of stock market volatility. Before volatility normalizes, new long positions in risk assets should be approached with caution.

He specifically mentioned that if silver breaks through $100, or if Bitcoin approaches $100,000, considering shorting may be a reasonable choice.

Long-term outlook: McGlone expects that in early 2026, Bitcoin may pull back to $50,000, a drop of about 60% from its peak in 2025.

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