Back to all news

Trading News

Trading, exchanges and market analysis

Latest News

Real-time updates about Trading

Loading more news...

Article Details

Read Original
Coingape

Bitcoin to Drop to $10K? Bloomberg Analyst Makes Bold Prediction

Bitcoin may revisit the $10,000 level, according to Bloomberg Intelligence strategist Mike McGlone. He links the risk to fading demand drivers and reduced buying capacity. His view centers on capital timing, ownership concentration, and the absence of steady replacement demand at current prices. In an X post, McGlone says Bitcoin's major price advances have followedThe post Bitcoin to Drop to $10K? Bloomberg Analyst Makes Bold Prediction appeared first on CoinGape.

0 |
0
🐂
🐻

Categories

Related Cryptocurrencies