TechFlow, April 21 — Bloomberg analyst Mike McGlone said BTC's current price has risen more than tenfold from its 2019 average of $7,350, suggesting it could be one of the commodities most likely to experience a price correction.
McGlone stated that whether BTC is digital gold or a commodity remains controversial. Although it may benefit from acute deflation and inflation, cryptocurrencies' infinite supply makes them lean more toward commodity characteristics, potentially facing downward adjustments after overheating prices.




