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Analyst Warns BTC Price May Fall to $10K as Crypto Bubble Implodes


by Wayne Jones
for CryptoPotato
Analyst Warns BTC Price May Fall to $10K as Crypto Bubble Implodes

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AI Overview

Mike McGlone warns Bitcoin (BTC) could drop to $10,000 amid financial market turbulence and risk-asset unwind. His comments highlight a connection to stock volatility and macro liquidity issues.

Bearish

Bloomberg Intelligence senior commodity strategist Mike McGlone has published a warning suggesting Bitcoin (BTC) could revert toward $10,000 as broader financial market turbulence spreads.

His remarks framed the current market slide as part of a broader risk-asset unwind tied to stocks, volatility cycles, and macro liquidity.

Read the article at CryptoPotato

In This News

Coins

$ 67.54K

-2.10%

Share:

In This News

Coins

$ 67.54K

-2.10%

Share:

Read More

Bitcoin Price Plummets Below $68,000: Analyzing the Sudden Market Downturn

Bitcoin Price Plummets Below $68,000: Analyzing the Sudden Market Downturn

BitcoinWorld Bitcoin Price Plummets Below $68,000: Analyzing the Sudden Market Downt...
Willy Woo and Ran Neuner Raise Fresh Doubts Over Bitcoin’s Store-of-Value Narrative

Willy Woo and Ran Neuner Raise Fresh Doubts Over Bitcoin’s Store-of-Value Narrative

Bitcoin has failed to meet expectations as an inflation hedge and digital gold. Quant...

Analyst Warns BTC Price May Fall to $10K as Crypto Bubble Implodes


by Wayne Jones
for CryptoPotato
Analyst Warns BTC Price May Fall to $10K as Crypto Bubble Implodes

Share:

AI Overview

Mike McGlone warns Bitcoin (BTC) could drop to $10,000 amid financial market turbulence and risk-asset unwind. His comments highlight a connection to stock volatility and macro liquidity issues.

Bearish

Bloomberg Intelligence senior commodity strategist Mike McGlone has published a warning suggesting Bitcoin (BTC) could revert toward $10,000 as broader financial market turbulence spreads.

His remarks framed the current market slide as part of a broader risk-asset unwind tied to stocks, volatility cycles, and macro liquidity.

Read the article at CryptoPotato

In This News

Coins

$ 67.54K

-2.10%

Share:

In This News

Coins

$ 67.54K

-2.10%

Share:

Read More

Bitcoin Price Plummets Below $68,000: Analyzing the Sudden Market Downturn

Bitcoin Price Plummets Below $68,000: Analyzing the Sudden Market Downturn

BitcoinWorld Bitcoin Price Plummets Below $68,000: Analyzing the Sudden Market Downt...
Willy Woo and Ran Neuner Raise Fresh Doubts Over Bitcoin’s Store-of-Value Narrative

Willy Woo and Ran Neuner Raise Fresh Doubts Over Bitcoin’s Store-of-Value Narrative

Bitcoin has failed to meet expectations as an inflation hedge and digital gold. Quant...