So Mike McGlone just walked back his bitcoin price forecast after getting roasted for that $10,000 call earlier. His new downside target is sitting at $28,000 now. Pretty interesting how quickly these big calls can shift when the community pushes back hard enough. I remember when that $10,000 prediction was making rounds - people were not having it at all. The fact that he's adjusting to $28,000 suggests he's at least paying attention to the pushback, even if the overall sentiment on bitcoin price forecasts for may 2025 and beyond remains pretty divided. These kinds of analyst revisions are always worth watching because they sometimes signal a shift in thinking about where support levels might actually hold. Whether $28,000 sticks around as a real floor or if we're just seeing another adjustment down the line, hard to say. Either way it's a reminder that even the most publicized bitcoin price forecasts can move pretty quickly when the data or sentiment changes.

BTC0,11%
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