Market analyst Mike McGlone has revised his bearish outlook on $BTC after facing strong criticism from other experts.

He first predicted prices could fall to $10,000, but now says around $28,000 is a more realistic downside level based on historical price patterns.

McGlone, who works with Bloomberg Intelligence, believes Bitcoin behaves like a high risk asset that can drop sharply during economic stress. However, analysts like Jason Fernandes and Mati Greenspan argue that extreme forecasts can influence investor decisions and even affect market movement.

This is funny as I personally do not expect Bitcoin to go below $50K.

The key lesson is simple. Price predictions show possible risks, not guaranteed outcomes. Always think critically before reacting to any forecast.

What's your opinion? Bullish or Bearish?