Bloomberg analyst Mike McGlone suggests #Bitcoin could drop to $10,000 if it fails to reclaim $75,000.

Is this possible?

Yes—but it’s unlikely.

#Bitcoin has crashed heavily in the past, so a big drop isn’t impossible. However, a fall to $10K would mean an 80%+ decline, which usually requires extreme conditions like a global financial crisis, strict regulations, or massive panic selling.

Conclusion:

Possible, but not likely under normal market conditions.