Strategist Sees Bitcoin Bear Signals, Warns Crypto Bust Could Push BTC to $10K

Apr 14, 2026

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Key Takeaways:

Bitcoin faces bear signals as Bloomberg’s strategist flags high correlation with equities. Forecast sees BTC dropping toward $10K as liquidity conditions tighten further. Crypto markets risk a broader bust as McGlone cautions excess supply pressures valuations. Bitcoin Slides Into Bear Territory as Strategist Highlights Crypto Bust Dynamics

McGlone stated on social media platform X:

Bloomberg Strategist McGlone’s chart showing potential bitcoin, crypto bear market.

Bitcoin Valuation Reset Risks Deepen Amid Liquidity Shift

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