Crypto
Bitcoin May Plummet Below $10K, Analyst Warns Again
Bloomberg Intelligence's Mike McGlone has reaffirmed his prediction that Bitcoin may drop below $10,000 due to an extreme macroeconomic shock.
This is not a new warning from McGlone, as he made this call in July. However, other analysts have expressed doubt about the likelihood of such a drastic price decline.
The potential for further downside has been acknowledged by some, but they agree that a drop to $10,000 would be highly improbable.