🚨 BITCOIN TO $10K? – Mike McGlone warns Bloomberg’s top strategist says $BTC could crash ~87% to $10,000 #bitcoin #BitcoinETFWatch #Bitcoin❗
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🚨 BITCOIN TO $10K?
Bloomberg Intelligence senior strategist Mike McGlone has warned that Bitcoin ($BTC) could face a severe downturn if macroeconomic pressure intensifies. In a worst-case scenario, he suggests Bitcoin could crash as much as ~87%, potentially revisiting the $10,000 level 📉.
McGlone points to factors like tight monetary policy, risk-off investor behavior, and historical market cycles. While Bitcoin remains a long-term innovation, he cautions that speculative assets often suffer heavily during global economic slowdowns.
⚠️ Important: This is a risk scenario, not a certainty. Crypto markets are highly volatile and can move quickly in either direction.