Market analysts said the extreme downside scenario risked influencing real capital flows, prompting a heated public debate over bitcoin's macro outlook.
Mike McGlone softens bitcoin downside target to $28,000 after backlash over $10,000 call
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Bloomberg Intelligence strategist Mike McGlone reduces bitcoin downside target to $28,000 from a prior $10,000 call after public backlash; market analysts said the $10,000 scenario risked influencing capital flows and prompted heated public debate over bitcoin's macro outlook.
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