Bloomberg Expert Predicts Bitcoin Crash to $10,000
Bloomberg Expert Predicts Bitcoin Crash to $10,000
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A top Bloomberg Intelligence expert is predicting a groundbreaking 86% crash for Bitcoin, potentially sending its price down to $10,000. This bearish outlook stems from Bitcoin's recent decoupling from the S&P 500, which is seen as a major sell signal.
Bloomberg Intelligence labels Bitcoin's late-May decoupling from a record-setting S&P 500 a major sell signal, opening a technical path toward $10,000.