REDDIT
Bloomberg Analysts Warn of Bitcoin Crash to $10K If S&P Hits 4000 — Here’s What They Said
I just watched an in-depth discussion between Mike McGlone and Scott Melker on YouTube and broke it down into a full blog post.
**Main points:**
* Bloomberg Intelligence predicts S&P 500 could drop to 4000
* Risk assets, including Bitcoin, could see a major correction
* Bitcoin’s 200-week moving average suggests $10K–$17K levels
* However, others argue Bitcoin is more resilient than ever