Bloomberg Intelligence has raised concerns about Bitcoin facing significant downside pressure, with analysis suggesting the flagship cryptocurrency could see sharp declines toward the $10,000 level. The warning stems from several converging headwinds: weakening retail and institutional buying momentum, a notable slowdown in ETF fund inflows that have been crucial for price support, and shifting dynamics across the broader crypto market landscape. These structural changes in market participation patterns paint a cautious picture for Bitcoin's near-term trajectory as traditional strength indicators show signs of cooling.

BTC0.19%
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ChainSauceMastervip
· 4h ago
Damn, you're bearish again. Just because ETF inflows slow down, does that mean $10k? I find that hard to believe.
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defi_detectivevip
· 4h ago
They're at it again, bad-mouthing Bitcoin. I'm tired of Bloomberg's usual rhetoric.
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PumpBeforeRugvip
· 4h ago
Here comes the Bitcoin pessimism again, same old story? Wait, is the ETF inflow slowdown really the reason to rush into bearishness? 10,000? Haha, everyone, get in line first.
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