Markets· ★★★· bearish·

Bloomberg Strategist: Bitcoin Could Crash to $10,000 if S&P 500 Falls 20%

  • —Forecast: a 20% S&P 500 drop would send bitcoin down 80% to $10,000
  • —The call comes from a Bloomberg Intelligence strategist
  • —The scenario assumes strong bitcoin correlation with US equities
Why it matters: The call highlights the risk of a deep BTC drawdown if equities reverse, a key consideration for holders.
#BTC
Source: U.Today
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