Mike McGlone from Bloomberg Intelligence predicts Bitcoin could drop to $10,000 if U.S. stocks fall 20%, citing bond yields and stock market correlation. In contrast, Ki Young Ju of CryptoQuant argues this is unlikely, estimating a Bitcoin floor around $30,000 based on institutional purchases, ETF inflows, and on-chain data. Both analysts use different models reflecting market risks, but neither forecast is certain. The Bitcoin market remains sensitive to macroeconomic factors like Federal Reserve decisions and stock market performance.
Bitcoin price forecasts are debated, offering context for cryptocurrency markets. For readers following crypto, here is Pluang's market snapshot as of Oct 18, 2026 13:21 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include BAL at Rp16.297 (+11.14%), BAT at Rp3.223 (-8.56%), and EOS at Rp12.649 (+8.13%).
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