Bloomberg Sees Bitcoin Price at $10K and Cryptoquant’s CEO Doesn’t Agree
Bloomberg Intelligence strategist Mike McGlone has put a $10,000 target back on bitcoin, and within hours, Cryptoquant CEO Ki Young Ju replied that the onchain floor sits much closer to $30,000. McGlone’s Domino Theory McGlone laid out the call in an X post yesterday, previewing a Bloomberg Intelligence report titled “A Bitcoin $10,000 Reversion Path […]
Bloomberg Intelligence strategist Mike McGlone reiterated a $10,000 bitcoin price target, while CryptoQuant CEO Ki Young Ju countered that onchain metrics put the floor closer to $30,000. The exchange is a clash of analyst opinions rather than new fundamental data, with the two targets roughly bracketing current price levels. Traders may watch whether onchain support near $30,000 holds, but the commentary itself carries little direct market-moving weight.
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1H AGOYou’re reading thisBloomberg Sees Bitcoin Price at $10K and Cryptoquant’s CEO Doesn’t AgreeBitcoin.com News · Score 25
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17H AGOU.Today · Score 25 · via $10,000, Bloomberg
