Bloomberg analyst says bitcoin can fall to $10000

[Dave1]

This is the stupidest prediction that I have even heard of recently. People should stop believing this people that might be bitcoin critics. I think this bitcoin analysts Mike McGlone is one of them.

We may not agree with that analysis but that won't mean labelling it the "stupidest". What if it comes to past in future? This industry is full of uncertainty, and as such we can't be too certain the unthinkable won't happen.

By my assessment, and to the best of my perspicacity, I believe $10k is unrealistic a dip to get to. It won't happen, at least not in this circle. We've so many favourable news items on Bitcoin and it has just one direction to head to by that. That direction, certainly, isn't to dip.

And it just shows  that some analyst will get it wrong with their prediction. But for us average joe, we don't see Bitcoin hitting $10k and it's not a realistic prediction. And it shows that we don't need to be a rocket scientist to make a good and educated guess, unlike this Bloomberg analyst.

So price is above $90k, the bullish sentiment is back already so who cares about this prediction. For us, the next will be $100k, it might be hard to reach before the end of the month but definitely, a lot of optimism for May.

[Oshosondy]

This is the stupidest prediction that I have even heard of recently. People should stop believing this people that might be bitcoin critics. I think this bitcoin analysts Mike McGlone is one of them.

We may not agree with that analysis but that won't mean labelling it the "stupidest". What if it comes to past in future? This industry is full of uncertainty, and as such we can't be too certain the unthinkable won't happen.

By my assessment, and to the best of my perspicacity, I believe $10k is unrealistic a dip to get to. It won't happen, at least not in this circle. We've so many favourable news items on Bitcoin and it has just one direction to head to by that. That direction, certainly, isn't to dip.

Even if the news are not favorable for now, bitcoin is never going back to $10000. Someone people call an analyst and accept should not make such a stupid prediction. All I know is that he is a critic. If bitcoin fall to $10000, he should know that he is sleeping and dreaming and not what is actually happening in real life. I did not just make this statement but from analyses I know the man make a stupid prediction which are commonly made by bitcoin critics.

[Baofeng]

This is the stupidest prediction that I have even heard of recently. People should stop believing this people that might be bitcoin critics. I think this bitcoin analysts Mike McGlone is one of them.

We may not agree with that analysis but that won't mean labelling it the "stupidest". What if it comes to past in future? This industry is full of uncertainty, and as such we can't be too certain the unthinkable won't happen.

By my assessment, and to the best of my perspicacity, I believe $10k is unrealistic a dip to get to. It won't happen, at least not in this circle. We've so many favourable news items on Bitcoin and it has just one direction to head to by that. That direction, certainly, isn't to dip.

Even if the news are not favorable for now, bitcoin is never going back to $10000. Someone people call an analyst and accept should not make such a stupid prediction. All I know is that he is a critic. If bitcoin fall to $10000, he should know that he is sleeping and dreaming and not what is actually happening in real life. I did not just make this statement but from analyses I know the man make a stupid prediction which are commonly made by bitcoin critics.

Oh so we know where he is coming from, if he is critic and just like the rest of them, they are going to be perma bear, so it make sense. But for us, his estimation is not realistic as we have seen that Bitcoin is too big too fall. Countries and big entities are already inside the market.

But for sure, we love to hear this kind of predictions and then then the market proving them wrong all along. Right now, prices seems to have bounce back about $90k and I think it will sustain the run till $100k'ish.

[JeffBrad12]

Bitcoin later increased above $80000 again and later increased above $90000. Bitcoin as of today increased above $94400 but it is presently at $93475 when I was about to post this. Just as we have posted before, those people should not be believed as bitcoin always disappoints them as it continues to increase than fall.

Whenever I see the so called expert making ridiculous prediction like this, I always wonder, did they bought the dip? it seems the only reason these prediction exist in the first place so that the market can have dips and they can buy it.
I'm pretty dang sure many analyst who are bearish on bitcoin are buying the dips though .