Bloomberg’s Mike McGlone warns Bitcoin may be trading more like a high-beta equity than “digital gold,” with a worst-case slide toward $10,000 if stocks stumble and liquidity tightens. It’s a bearish macro call, not a certainty — but it’s one BTC bulls can’t brush off.
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Bloomberg strategist Mike McGlone is sticking with one of the bleakest Bitcoin price predictions on the market: BTC could still sink below $10,000 if macro conditions keep souring. That is an extreme call, but it’s not coming from nowhere. His warning centers on tighter liquidity, stubbornly high interest rates, and a risk-off backdrop that keeps […]
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Bloomberg Analyst Warns of Crypto Volatility and Bitcoin Price Drop Through 2026 Bloomberg’s senior analyst Mike McGlone has issued a stark warning: the crypto market is bracing for intensified volatility that could ripple through risk assets well into 2026. With Bitcoin and Ethereum facing steep potential declines and a global deflationary storm on the horizon, […]
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Bitcoin at $100,000: ‘Do or Die’ Stress Test, Warns Bloomberg Expert Bitcoin has smashed through the $100,000 barrier, a milestone that should have the crypto crowd roaring with excitement. Yet, Bloomberg Intelligence’s senior commodity strategist Mike McGlone is sounding the alarm, calling this a “do or die” moment and warning of “extreme complacency” in the […]
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Bitcoin Price Prediction: Bloomberg’s McGlone Foresees Dip to $70,000 Amid Market Jitters Mike McGlone, a senior commodity strategist at Bloomberg, has forecasted that Bitcoin could plummet to $70,000, amidst a market gripped by “extreme fear” after recently hitting an intraday low of $80,123. This prediction, influenced by a possible decline in the Bitcoin-to-gold ratio and […]
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