BTC Major Alert AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDKevin-Asset-LabMike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has issued a stark warning that BTC could face a steep plunge. It is projected that by 2026, BTC could drop as much as 86%, potentially reaching the $10,000 level. The warning also highlights that if BTC once again breaks above the $100,000 mark, it could ironically trigger a deep correction cycle, ultimately driving the price back down to $10,000. Current Market Conditions： Currently, BTC is trading in a tight range around $90,000. BTC has fallen about 30% from its all-time high of $126,000 reached last October. Market sentiment is turning cautious, with investors closely watching upcoming price action and macroeconomic policy developments. Macro Background and Rationale： Analysts describe the current macroeconomic environment as a post-inflation tightening period. They believe that a reversal of the wealth effect will drive the next economic downturn. This process is likely to be driven by a collapse of speculative, infinitely-supplied digital assets.