2025-12-30 07:21:31

Recently, Bloomberg released a new prediction, saying that Bitcoin will fall to $10,000. Interestingly, after reviewing the major institutions' outlooks for next year's market, almost all are bullish, with Bloomberg being the only one singing a different tune.

Let's first review Bloomberg's prediction track record. In 2018, when BTC was around $10,000, they predicted it would drop to $1,500, but it only went as low as $3,200. In 2021, they turned extremely optimistic, predicting a sky-high price of $400,000, but Bitcoin topped out at just under $70,000. Frankly, this institution's forecasting style has always been quite... free-spirited.

What is analyst Mike McGlone's logic this time? He believes Bitcoin faces competition from a million other cryptocurrencies, while gold only needs to contend with a few rivals like silver. On the surface, that sounds reasonable, but anyone who has been in the crypto space knows one thing—your grandpa is your grandpa.

Bitcoin's position in the entire crypto ecosystem has long surpassed the simple dimension of "number of competing coins." Its consensus depth, liquidity scale, institutional investment share, and role in macro narratives... these are things other coins simply cannot replace. If it really drops to $10, miners will be the first to cry their eyes out. Currently, many exchanges, asset management firms, Layer 2 projects, and other ecosystem players would probably have to start over. That’s not just a correction; that’s a collapse.

Of course, risks definitely exist. If next year gold continues to strengthen as a safe haven, US stocks and Bitcoin will indeed face short-term pressure. But that’s a different story from dropping to $10,000. A more realistic expectation is that: gold's strength may cause Bitcoin to oscillate at high levels, but altcoins will become more polarized. In today’s irreversible institutionalization process, Bitcoin's volatility might further decrease, and the probability of extreme crashes could actually diminish.

Ultimately, investing should follow logic and data; anxiety and speculation won't change anything.

BTC0.24%

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consensus_whisperer

· 3h ago

Bloomberg's forecasting ability is really something—sometimes 1,500, sometimes 400,000, now it's 10,000. It's better to look at candlestick charts and throw dice. Even at this level, BTC is still being compared to the number of competing coins. This guy's logic is a bit of a leap of faith. Drop to 10,000? Miners would go bankrupt directly, the ecosystem would collapse. Is this realistic? Not at all. After institutional entry, BTC has become more stable. Extreme crashes are becoming increasingly rare. Bloomberg is just creating anxiety to attract attention. If you really believed what they say, you'd have already been wiped out. The story of Bitcoin has long been written. It's not about quantity but about consensus. Actually, it all depends on how gold performs next year. But gold outperforming Bitcoin and dropping to 10,000 are two different concepts. If you ask me, those who are anxious just don't understand BTC's essence. The data is right there. Bloomberg really loves to play the contrarian. I wonder when they'll agree on something. Altcoins' differentiation is the real signal. The possibility of Bitcoin continuing to stay steady is higher.

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AlphaLeaker

· 3h ago

Bloomberg is really going off the rails this time, $10,000? Wake up, buddy. Your grandpa is still your grandpa; no matter how many competing coins there are, it's useless. Can Bloomberg's prediction record really be used as a contrarian indicator? Stop being brainwashed by panic news all day, take a look at the fundamentals first. Institutions have already entered the market; a BTC crash is just a dream. Short-term volatility is normal, but saying it will drop to 10,000 is ridiculous. The logic is clear, Bloomberg's recent analysis is truly disappointing.

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RamenStacker

· 3h ago

Bloomberg's forecasting ability is really hard to describe, swinging from 1,500 to 400,000 back and forth. This time, I actually have a bit of confidence in the $10,000 prediction. Just because BTC competitors are numerous, it can drop to $10,000? That logic is ridiculous. If the ecosystem collapses completely, how will miners survive? This guy just loves to play the contrarian, probably going to be proven wrong again. As long as Machine doesn't fall below three digits, it can still survive. Don't worry unnecessarily.

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AirdropHarvester

· 3h ago

Bloomberg's performance is truly outstanding. From 1500 to 400,000 back and forth, now at $10,000? Brother, your prediction ability is worrying. You say it has no competitors? Wake up, BTC's position is the ceiling; other coins simply can't compete. Dropping to $10,000 would indeed make miners cry their eyes out, but the reality is that institutional investors entered early and can't stop now; instead, they will support the price floor. A strong gold market can be understood as putting some pressure, but a direct halving? Dream on, the data is right there. Why be anxious? The logic is clear. Should we accumulate? Yes, we should. This think tank only knows how to play devil's advocate to attract attention; don't take it too seriously. $10,000? Go dream your Spring and Autumn dreams. I just laugh when I see it.

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SerRugResistant

· 3h ago

Bloomberg's guy's prediction ability is indeed hard to describe; betting against his orders might be more stable. $10,000? Miners going bankrupt directly, alright. If the ecosystem collapses, how can we continue? BTC's position is there; no matter how many competing coins there are, it's all in vain. This logic doesn't hold up. Institutions have been entering the market for so many years, and they can actually provide support. Don't think about extreme market conditions. Look at the data, not stories. Anxiety won't change the trend.

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DAOdreamer

· 3h ago

Bloomberg's prediction level is really like that—calling 1500 in 2018 and it rebounded to 3200, then shouting 400,000 in 2021. This mindset is like that of a gambler. $10,000? Then all miners would be wiped out, and the ecosystem would collapse. That's not realistic. BTC isn't about quantity competition; those altcoins can't really threaten the main chain's position. Institutions are now involved, and volatility will actually become smaller, not more extreme. Rather than listening to Bloomberg's wild calls, it's better to look at on-chain data and how institutional holdings are moving.

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