Golden Finance reports that Mike McGlone, senior commodities strategist at Bloomberg Intelligence, posted on the X platform explaining why Bitcoin's price has recently corrected. He stated that the current market correction actually involves not only Bitcoin, but also declines in gold and other risk assets. The drop in Bitcoin is primarily due to its higher volatility, but for Bitcoin, it is merely 'a normal return to form.' Mike McGlone also indicated that although the S&P 500 index has not seen a significant decline in the fourth quarter of this year, it does not mean that this momentum can be maintained, especially since growth momentum is unlikely to continue into 2025.