Bitcoin price ‘collapse’ to $10,000? Why ‘post-inflation deflation’ mirrors 2008 crash

Bitcoin’s price is at risk of collapsing another 88% to hit $10,000 in 2026, a Wall Street analyst warns. Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said on LinkedIn he expects the top cryptocurrency’s price to crater 90% below its $126,000 record by next year. “Bitcoin’s rally above $100,000 may have sparked a cycle back toward $10,000, potentially in 2026,” McGlone said. “Wealth-creation reversion will likely drive the next recession, led by a collapse in highly speculative, u ...