Typical Bitcoin $50,000 Reversion May Guide Deflation - Bitcoin appears on track to revisit its yearly pivot around $50,000, with deflationary implications. The graphic shows the crypto's close connection with the S&P 500 and a key reason Bitcoin might fall further: S&P 500's 120-day volatility at 11.3% on Nov. 26 is near its lowest at year-end since 2017. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t6fo67kijh9m {BI COMD} #gold #bitcoin #stockmarket @BBGIntelligence(Mike McGlone)