Bitcoin could fall to $10,000 as U.S. recession risk builds, Mike McGlone Says

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Bitcoin could potentially fall to $10,000 due to a combination of factors including record U.S. market cap-to-GDP levels, low equity volatility, and rising gold prices, according to Mike McGlone.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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McGlone links bitcoin’s downturn to record U.S. market cap-to-GDP levels, low equity volatility and rising gold prices, warning of potential contagion into stocks.

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Original article published by CoinDesk on February 16, 2026.
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