Bitcoin Price Prediction: 75K or 10K

Bitcoin price is trading around $69,000, caught between two narratives that could lead to a single destructive prediction. Bloomberg Intelligence’s Mike McGlone has drawn a line in the sand at $75,000, hold it, and the bears retreat; fail it, and his $10,000 target comes back into serious conversation. One number separates a bull market continuation from a potential 85% drawdown.McGlone, Bloomberg’s senio…