{"id":415445,"date":"2025-12-29T04:04:22","date_gmt":"2025-12-28T22:34:22","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-to-10000-bloomberg-makes-shocking-crash-prediction-crypto-news\/"},"modified":"2025-12-29T04:09:44","modified_gmt":"2025-12-28T22:39:44","slug":"bitcoin-to-10000-bloomberg-makes-shocking-crash-prediction-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-to-10000-bloomberg-makes-shocking-crash-prediction-crypto-news\/","title":{"rendered":"Bitcoin to $10,000? Bloomberg Makes Shocking Crash Prediction &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"article__contents\">\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a rel=\"nofollow\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h273050\">No scarcity?\u00a0<\/a><\/li>\n<li class=\"article__contents-item\"><a rel=\"nofollow\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h373050\">A former bull\u00a0<\/a><\/li>\n<\/ul>\n<\/div>\n<p dir=\"ltr\">In his latest social media post, Bloomberg&#8217;s McGlone is <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/mikemcglone11\/status\/2005286290548228327\">predicting<\/a> a devastating downward spiral for the flagship cryptocurrency.\u00a0<\/p>\n<div class=\"raw-html-embed\">\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin $50,000 in 2026 On the Way to $10,000?<br \/>2025 may have marked peak Bitcoin\/cryptos. Gold has only three major precious-metal competitors: silver, platinum and palladium. By contrast, Bitcoin was the first crypto in 2009, but now has millions of digital-asset competitors.\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/3PSQF4zVwU\">pic.twitter.com\/3PSQF4zVwU<\/a><\/p>\n<p>\u2014 Mike McGlone (@mikemcglone11) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/mikemcglone11\/status\/2005286290548228327?ref_src=twsrc%5Etfw\">December 28, 2025<\/a><\/p><\/blockquote><\/div>\n<p dir=\"ltr\">He is convinced that Bitcoin will not stop at $50,000 as a &#8220;floor&#8221; or support level. Instead, he sees the aforementioned price target as merely a waypoint.<\/p>\n<p dir=\"ltr\">McGlone argues that 2025 likely marked the definitive top of the cycle. The next year will be the year of a catastrophic &#8220;reversion to the mean.&#8221;<\/p>\n<div class=\"article__related\">\n<p>You Might Also Like<\/p>\n<div class=\"news__item\">\n<div class=\"news__item-img--wrap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p dir=\"ltr\">The analyst&#8217;s mean reversion target currently stands at $10,000.\u00a0<\/p>\n<p dir=\"ltr\">Why $10,000? This figure is roughly where Bitcoin was changing hands before the speculative mania of the post-2020 era. The Bloomberg guru likely views the price appreciation since then as largely driven by &#8220;excess liquidity&#8221;. A drop to $10,000 would represent a &#8220;return to normal.&#8221;\u00a0<\/p>\n<h2>No scarcity?\u00a0<\/h2>\n<p dir=\"ltr\">McGlone argues that gold is fundamentally scarce, not just because it is hard to mine. If you want a precious metal store of value, you only have three other real options in the physical world: silver, platinum, and palladium.<\/p>\n<p dir=\"ltr\">On the other hand, the Bloomberg analyst says that the crypto asset class is inflationary and infinite.<\/p>\n<p dir=\"ltr\">McGlone believes that this oversupply of &#8220;crypto assets&#8221; dilutes the capital entering the space.<\/p>\n<h2>A former bull\u00a0<\/h2>\n<p dir=\"ltr\">McGlone has not always been a bear. In fact, for years, he has been one of the loudest institutional voices predicting Bitcoin would inevitably hit $100,000.<\/p>\n<p dir=\"ltr\">During the stimulus era, McGlone was extremely bullish. He argued that Bitcoin was maturing into a global reserve asset.<\/p>\n<p dir=\"ltr\">By 2025, however, McGlone fully abandoned the &#8220;digital gold&#8221; narrative. He began pointing out a &#8220;divergence&#8221;: gold was hitting all-time highs, but Bitcoin was struggling to keep up.<\/p>\n<p dir=\"ltr\">He believes the global economy is entering a deflationary recession. In this environment, cash is king. Hence, this is supposed to justify his uber-berish target.\u00a0<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>No scarcity?\u00a0 A former bull\u00a0 In his latest social media post, Bloomberg&#8217;s McGlone is predicting a devastating downward spiral for the flagship cryptocurrency.\u00a0 Bitcoin $50,000 in 2026 On the Way to $10,000?2025 may have marked peak Bitcoin\/cryptos. Gold has only three major precious-metal competitors: silver, platinum and palladium. By contrast, Bitcoin was the first crypto [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":415446,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-415445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/415445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=415445"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/415445\/revisions"}],"predecessor-version":[{"id":415447,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/415445\/revisions\/415447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/415446"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=415445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=415445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=415445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}