Can Bitcoin Crash To $10,000? Yes, If It Follows This 2018 Pattern, Expert Says
Posted On November 19, 2025
Bitcoin (CRYPTO: BTC) is back under pressure as Bloomberg’s Mike McGlone warns the market could unwind all the way to $10,000.
McGlone Draws 2018 Comparison
McGlone said during a segment on Bloomberg TV on Tuesday that Bitcoin’s current structure resembles the major unwinds seen in 2018, when price collapsed from $10,000 to nearly $3,000.
He said he believes the market could return to $10,000 if pressure continues across risk assets.
He argued that expanding token supply, late-cycle ETF inflows and a weaker macro backdrop leave the market vulnerable to a similar breakdown.
He pointed to volatility signals such as the VIX sitting near its 200-day average and noted that …
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