Could Bitcoin Price Drop to $10,000? Bloomberg Analyst Gives Grim Warning
BeInCrypto · Sun, 18 Oct 2026 14:39:53 GMT
Hype 48/100 · Market impact 10/100 · Breaking 49/100
Tags: BTC
Bloomberg Analyst Discusses Potential Bitcoin Decline to $10,000
Bloomberg Intelligence senior commodity strategist Mike McGlone reiterated a forecast. He said Bitcoin could fall toward $10,000 if U.S. stocks fall 20%. Analysts have disputed the forecast, pointing to on-chain data and recent price action.
What McGlone Is Forecasting Now
In an October 16 post, McGlone linked the scenario to broader risks.
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