Mike McGlone Warns Bitcoin Could Drop to $10,000 Amid High Volatility
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 31 2025- Market Cycle Warning: Bloomberg's Senior Commodity Strategist Mike McGlone highlights that cryptocurrencies are underperforming amid a potential end to the risk asset cycle, suggesting significant price drops for Bitcoin, which intensifies investor focus on high-volatility assets.
- Volatility Analysis: While the Bloomberg Galaxy Crypto Index has risen approximately 90% since the end of 2017, its annualized volatility is about seven times that of stocks, indicating that the instability in the crypto market may heighten investor caution.
- Bitcoin Price Prediction: McGlone warns that Bitcoin could plummet to $10,000 by 2026, marking a steep decline from recent levels, with historical data suggesting initial support around $50,000, indicating a potential major market adjustment.
- Increased Regulatory Risks: The Coincu research team notes that cryptocurrencies may face further regulatory scrutiny, impacting their financial and technological landscapes, and while such developments could accelerate market maturation, vigilance regarding volatility and risk cycles remains essential.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
