Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000

Bloomberg Intelligence strategist Mike McGlone warned that Bitcoin could fall to $10,000, arguing that AI-driven disruption and broader risk-off pressures may trigger a severe drawdown. The reports also point to Bitcoin losing key support, adding to near-term downside concerns, though a sharp move is not certain. The implication is heightened volatility and vulnerability if selling accelerates; the $10,000 level is a forecast, not a consensus target.