2025-12-30 06:40:42

As the new year’s market kicks off, predictions about BTC vary quite a bit among different institutions. Recently, I came across an analysis report where a leading financial organization forecasted Bitcoin would bottom out at $10,000, but after checking other mainstream opinions, almost all are bullish. This situation where everyone is optimistic, yet suddenly an extreme bearish view emerges, is quite interesting.

Let’s take a look at this organization’s past track record. In 2018, when Bitcoin was around $10,000, they loudly predicted it would drop to $1,500, but it only fell as low as $3,200; in 2021, they suddenly forecasted a sky-high $400,000, but the actual high was only around $69,000. Their forecasting style... how should I put it, it’s definitely unconventional.

The core argument from analyst Mike McGlone this time is that Bitcoin faces competition from millions of other cryptocurrencies, unlike gold which only has a few rivals like silver, so its disadvantages are obvious. On the surface, that sounds reasonable, but anyone who’s been in the crypto space for a while knows—no matter how many altcoins there are, they can’t shake Bitcoin’s dominance.

Why? Simply put, BTC’s competitiveness isn’t about quantity. Its consensus mechanism, liquidity scale, institutional allocation weight, and position in global asset allocation are built over time with real money. No matter how many new coins emerge, they can’t bridge this gap. If Bitcoin really drops to $10,000, it’s not just miners’ days becoming tough; most trading platforms, asset management firms, and ecosystem applications would need to rethink their strategies. That’s not a mere correction; it’s an industry earthquake.

Of course, risks do exist. If next year risk aversion rises, gold continues to strengthen, and US stocks come under pressure, Bitcoin could be affected in the short term. But that’s different from an extreme crash. A more reasonable scenario is that gold’s strength leads to a decline in risk appetite, Bitcoin might oscillate within a high-range box, and smaller altcoins could see increased divergence. Meanwhile, with institutional funds continuously flowing in and industry participation becoming irreversible, Bitcoin’s volatility is actually converging, and the probability of extreme crashes is decreasing.

Returning to investment itself, rather than worrying about various extreme predictions, it’s better to focus on logic and data. #数字资产市场动态 $ETH

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PseudoIntellectual

· 5h ago

McGlone's predictions are truly remarkable, always indicating a counter-move each time --- Don't listen to their scare tactics, ten thousand dollars is just a pipe dream --- So what if there are many altcoins? They're just there to complement Bitcoin --- If it really drops to ten thousand, I'll go all in, but the probability is so low I don't even want to calculate it --- Institutions are continuously jumping in, the tone has been set long ago --- Instead of obsessing over predictions, it's better to see if you can withstand the volatility --- I can accept high-level fluctuations, but this extreme crash script is just poorly written --- His arguments sound like he's cheering for the bears, but they don't hold water --- Once consensus is established, hundreds of competitors are pointless

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GigaBrainAnon

· 5h ago

McGlone this guy's prediction ability is truly outstanding, reverse indicators are indeed top-notch --- $10,000? Wake up, that's not called a correction, the industry is gone --- Million-level competitors? Come on, even if there are many altcoins, they are just supporting roles, BTC is the boss --- Every time such extreme predictions appear, I think of his previous track record, it's hilarious --- Rather than listening to these extreme views, it's better to look at the real flow of institutional funds --- The depth of consensus and liquidity are not things that can be caught up with just words --- High-level oscillations are reasonable, a crash to 10,000? Honestly, I don't believe it

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MeaninglessGwei

· 5h ago

McGlone this guy really, his prediction record is hard to describe If Bitcoin drops below 10,000, then it's really over The logic is actually okay, but the historical data is a bit awkward Million competitors? Come on, consensus can't be built just on quantity No matter how much the copycat innovates, it can't turn the tide, that's a fact Instead of listening to these demons and monsters' predictions every day, it's better to focus on your own positions Institutional funds are flowing in continuously, and this trend can't be changed High-level oscillations are more realistic than extreme crashes, right? If it really hits $10,000, exchanges will have to restart This kind of prediction style... is indeed a bit dreamy

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Degen4Breakfast

· 5h ago

McGlone is at it again, his prediction style is truly unique in the crypto world. I just want to ask, what would happen if $10,000 really happened? The entire ecosystem would have to explode. Altcoins are useless; no one can shake Bitcoin's dominance in the market. Instead of worrying about these extreme theories, it's more practical to look at the data yourself. This institution's track record is indeed disappointing; how can they still have the nerve to keep talking? Consensus and liquidity are the keys, not a million competitors. Short-term fluctuations are inevitable, but I really don't think the probability of extreme crashes is that high. The real risk comes from macro factors, not these baseless predictions. Institutions are continuously entering the market, which shows that knowledgeable people are still bullish. Rather than obsessing over whether it's $10,000 or $100,000, ask yourself if you can hold on.

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ApeWithNoChain

· 5h ago

McGlone is back to marketing again, this guy's prediction skills are truly impressive. Drop to 10,000? That would really become a joke of antique level. These extreme bearish calls are just trying to create anxiety and harvest retail investors. If Bitcoin were really that fragile, institutions wouldn't keep pouring money in. All those junk altcoins, can they threaten BTC? Just kidding. Data and logic are the real keys; listening to these free analysis guys should have already led to bankruptcy. $10,000? I think it's more practical to study the Federal Reserve's policy trends.

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MetadataExplorer

· 5h ago

McGlone this guy just loves to make big moves, and his predictions are more and more outrageous. I don't believe the $10,000 this time. Honestly, who can shake Bitcoin's position? Institutions are pouring in frantically. An extreme crash? The probability has already decreased. Don't get anxious over these magical predictions; focusing on data is the real key.

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