According to U.Today, a Bloomberg Intelligence outlook projects that Bitcoin could fall to $10,000 if the S&P 500 index decreases by 20%. The forecast links the cryptocurrency’s price trajectory directly to a specific, stated condition involving the performance of the US stock market benchmark.
The analysis indicates an 80% decline from current levels under the scenario described. No additional timelines, probabilities, or alternative outcomes are mentioned in the source summary. The statement originates from a Bloomberg strategist, identified in the original report as such.
