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Just saw Mike McGlone walked back his super bearish bitcoin price call from a few months ago. Back in February 2026 he was talking $10,000 lows, but apparently got some heat for that take. Now he's saying $28,000 is more realistic as a downside target. That's a pretty big shift honestly.
The analyst had some backlash over the February 19 2026 forecast - guess people didn't appreciate the extreme bear case. His bitcoin price projections usually get attention since he covers this stuff at a major level, so when he adjusts his view it's worth noting. $28,000 is still a rough scenario but way less apocalyptic than the original call.
Makes you wonder if he saw something in the market that made him recalibrate, or if it was just community pushback. Either way, the revised bitcoin price floor of $28,000 seems to be what he's sticking with now for the downside.