Bitcoin is likely to plummet 88% to $10,000 in 2026!🔥🔥🔥🔥
—Bloomberg's famous "Cassandra" Mike McGlone has spoken again.
He compares Bitcoin to the U.S. stock market before the 2008 crisis, concluding that: in the post-inflation era, high-risk speculative assets will be mercilessly wiped out, heading towards $10,000!
Brothers, don’t panic. When this kind of “wild prediction” comes out, the historical scripts of short-term market trends are basically all the same:
First, everyone gets scared, and the bears arrogantly shout, “This time it’s different,” then... the market suddenly doesn’t follow the script, and boom, a rebound hits, leaving the bears searching for their teeth.
Why? Because extreme bearishness often signals the emotional bottom!
McGlone has a longer history of being bearish on Bitcoin than Bitcoin itself; every time he predicts a crash, the market either moves sideways or gives you a quick rebound, acting as a precise contrary indicator, truly a living joke machine in the crypto world.
Current situation:
Bitcoin is hovering around 89k, having dropped 30% from this year’s high of 126k, and the annual increase has turned negative. ETF funds are flowing in and out, the Fed's rate cut expectations have been dampened, global liquidity is tightening, and everyone’s mood is like winter—cold.
But in the short term, when extreme pessimistic voices emerge, the probability of a short squeeze indeed increases.
If 88k holds, it may flirt with the resistance at 94k-95k; further up, $100,000 is calling out, “Come back, buddy.”
If 88k directly breaks down, the bears will be celebrating for a while, better run for safety.
In summary, whether 2026 will soar to 200k or plummet to 10k, nobody knows.
There are institutions that are bullish, bearish, and neutral; predicting this stuff is essentially just an entertainment show.
Just listen to it, but manage your own money; don’t put all your eggs in one basket based on any “prophet’s” words—including mine.
NFA, purely for entertainment and commentary, after laughing, just go do what you need to do~ 😏$BTC #美国非农数据超预期
