Home
News
Details

Bloomberg Strategist Predicts Bitcoin May Drop to $10,000 Amid Market Correction

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,168.20-0.11%
Bloomberg strategist Mike McGlone warned on December 17 that Bitcoin could face a correction as bullish drivers like ETF approvals and regulatory clarity have already been priced in. With market expectations saturated, the risk-reward balance has shifted, and Bitcoin may test $10,000. Traders are now turning eyes to altcoins to watch amid shifting sentiment.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.