This is the stupidest prediction that I have even heard of recently. People should stop believing this people that might be bitcoin critics. I think this bitcoin analysts Mike McGlone is one of them.
We may not agree with that analysis but that won't mean labelling it the "stupidest". What if it comes to past in future? This industry is full of uncertainty, and as such we can't be too certain the unthinkable won't happen.
By my assessment, and to the best of my perspicacity, I believe $10k is unrealistic a dip to get to. It won't happen, at least not in this circle. We've so many favourable news items on Bitcoin and it has just one direction to head to by that. That direction, certainly, isn't to dip.
And it just shows that some analyst will get it wrong with their prediction. But for us average joe, we don't see Bitcoin hitting $10k and it's not a realistic prediction. And it shows that we don't need to be a rocket scientist to make a good and educated guess, unlike this Bloomberg analyst.
So price is above $90k, the bullish sentiment is back already so who cares about this prediction. For us, the next will be $100k, it might be hard to reach before the end of the month but definitely, a lot of optimism for May.