Bloomberg Intelligence Senior Commodity Strategist Mike McGlone stated that if Bitcoin fails to regain and hold above $75,000, its price could fall back to around $10,000, which he considers the long-term equilibrium price. He pointed out that $75,000 is a critical technical and psychological level—if it breaks through effectively, the bearish outlook would be invalidated; otherwise, the price may continue its downward trend. McGlone further mentioned that Bitcoin had fluctuated around $10,000 for a long time before 2020, and this price was also a key trading zone since the launch of futures in 2017. Additionally, structural factors such as the expansion of crypto market supply and the development of stablecoins play a role. (CoinDesk) https://(wublock123.com)/news/bitcoin-falls-to-10k-if-fails-to-hold-75k-bloomberg-59122