In brief

  • Bloomberg Intelligence analyst Mike McGlone says Bitcoin could fall to USD 10,000 if U.S. stocks drop 20%

  • CryptoQuant founder Ki Young Ju says spot ETFs have absorbed USD 58 billion, while the cost basis remains near USD 30,000

  • Technical analyst Michaël van de Poppe says Bitcoin has tested its lows, making a rebound more likely than a further drop

Read the original story: Could Bitcoin drop to $10,000? Bloomberg analyst issues a concerning warning. By Luis Blanco at th.beincrypto.com

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