Bitcoin Will Drastically Drop to $10,000? Bloomberg Senior Warns!

Jakarta, Pintu News – Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, recently revealed a surprising prediction about the future of Bitcoin (BTC).

In an interview with David Lin, McGlone stated that Bitcoin (BTC) could potentially lose one zero and plummet all the way to $10,000 if the existing risks continue. This prediction comes amidst Bitcoin’s (BTC) price rise that has peaked in 2025.

Check out the full information below!

Bloomberg’s Latest Analysis

Mike McGlone highlighted that while Bitcoin (BTC) has shown significant gains since its launch, it is now increasingly correlated with traditional risk assets such as the S&P 500 index which recently hit record highs.

McGlone describes Bitcoin (BTC) as an asset that behaves like a bubble at the peak. With a potential correction in the stock market triggered by US tariff policies under President Donald Trump and increased volatility, Bitcoin (BTC) could experience a sharp decline as a high-beta asset.

Also read: 3 Trump-Related Altcoins on the Rise in September 2025!

Potential Market Decline

Furthermore, McGlone observed that Bitcoin (BTC) has “added zeros” to its price several times in its history, but has often lost those zeros during periods of correction.

He sees current conditions, such as the potential decline of the S&P 500 to around 4,000 and the ratio of market capitalization to GDP for US stocks at 2.2, as indicative of a market reset. This prediction has raised serious concerns among investors and market analysts.

Also read: 3 Crypto’s that are being talked about as September 2025 approaches

Debates in the Digital Asset Industry

McGlone’s comments have sparked a heated debate in the digital asset industry. While Bitcoin (BTC) is currently trading well above $10,000, McGlone’s views point to a possible price correction of almost 90%.

On the other hand, there are firms like Bernstein that remain optimistic by predicting Bitcoin (BTC) will reach $200,000 by the end of the year due to the post-halving effect and ETF demand. This divergence of views reflects the high uncertainty in the digital asset market at the moment.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Bloomberg. Bitcoin to Lose a Zero and Drop to $10K, Warns Bloomberg Strategist. Accessed on September 5, 2025
• Featured Image: Generated by Ai