Mike

• Mike McGlone softens bitcoin downside target to $28,000 after backlash over $10,000 call Market analysts said the extreme downside scenario risked influencing real capital flows,

• Bitcoin could fall to $10,000 as U.S. • recession risk builds, Mike McGlone says McGlone links bitcoin’s downturn to record U.S. • market cap-to-GDP levels, low equity volatility