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Bloomberg's Mike McGlone flags $10,000 Bitcoin risk in 2026, $75,000 as key level

Bloomberg Intelligence commodity strategist Mike McGlone said Bitcoin could return to around $10,000 in 2026, arguing it needs to remain above $75,000 to avoid revisiting pre-2020 levels. He also projected Tether's growth could push USDT past Ethereum by 2026 and, over time, potentially challenge Bitcoin, while warning that a stock-market downturn and higher volatility could pressure risk assets.