According to a report by Cointelegraph, Bloomberg's senior commodity strategist Mike McGlone stated that with the implementation of Trump's recent policies, investors may turn to safer assets like gold, causing Bitcoin to potentially underperform. He believes that risk assets are showing signs of reverting to their long-term mean, primarily indicated by their 200-week moving average, which has historically served as a key bottom line during significant price corrections. As of April 20, the 200-week moving average for Bitcoin is approximately $46,300, which represents a decline of about 45% compared to the current price level of roughly $85,000.