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Bloomberg Strategist: Bitcoin may fall back to $10000, risk reward structure has changed On December 17th, Bloomberg Intelligence strategist Mike McGlone stated that Bitcoin is facing pressure to return, and it is expected that the price may fall back to nearly $10000. Strategy founder Michael Saylor recently stated that he can't afford to buy Bitcoin with money he can't afford to lose. McGlone pointed out that the emergence of ETFs and recognition from US leaders have been realized, and the number of cryptocurrencies on CoinMarketCap has reached 28 million, indicating a change in the short-term risk return structure.

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