Bloomberg analysts predict Bitcoin may fall to $50000

On February 2nd, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, stated that Bitcoin may return to $50000, silver may return to $50 per ounce, and a moderate rebound in stock market volatility may be a key variable. It may not be wise to establish long positions in risky assets before volatility returns to normal. If silver rises above $100 or Bitcoin approaches $100000, it is prudent to short or a reasonable choice. It is reported that Mike McGlone's bearish stance on Bitcoin became apparent from the end of 2025 to the beginning of 2026, and predicted that Bitcoin may fall to $50000 in 2026.