Bloomberg Intelligence's senior commodity strategist Mike McGlone has reiterated his bearish outlook on Bitcoin, suggesting it could fall below $10,000 amid macro-driven risk asset adjustments. However, several market analysts have expressed skepticism, arguing that such a drastic drop from the current level of around $70,000 would likely require an extreme event like a global liquidity crisis. Some analysts predict Bitcoin may fluctuate between $60,000 and $70,000 in the short term, with potential brief spikes to $80,000. They also suggest that any rebound might be unsustainable, with a new accumulation zone possibly forming between $30,000 and $40,000.