Could Bitcoin Price Drop to $10,000? Bloomberg Analyst Gives Grim Warning
Bloomberg Intelligence senior commodity strategist Mike McGlone renewed a stark forecast. He said Bitcoin could fall toward $10,000 if US stocks fall 20%. Analysts have pushed back sharply, pointing to on-chain data and recent price action. What McGlone Is Forecasting Now In a post on October 16, McGlone linked the scenario to broader risks. He The post Could Bitcoin Price Drop to $10,000?…
Bloomberg Intelligence senior commodity strategist Mike McGlone reiterated a forecast that Bitcoin could fall toward $10,000 if US stocks drop 20%, tying the scenario to broader macro risk. Other analysts pushed back sharply, citing on-chain data and recent price action. The call is an opinion rather than a confirmed event, but a $10,000 target implies steep downside from current levels and could weigh on sentiment if equity markets weaken.
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1H AGOYou’re reading thisCould Bitcoin Price Drop to $10,000? Bloomberg Analyst Gives Grim WarningBeInCrypto · Score 35
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3H AGOCryptoSlate · Score 25 · via CryptoQuant CEO, $30,000
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17 OCT · 09:30Bitcoin.com News · Score 25 · via $10K, McGlone
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16 OCT · 17:57U.Today · Score 25 · via $10,000, Bloomberg
