These days, Wall Street analysts are divided on Bitcoin's outlook. One Bloomberg strategist still claims it could drop as low as $10k, but the reactions from colleagues are truly extreme. Some even suggest that only a nuclear war could cause such a decline.

Currently, Bitcoin is trading around $73,000, so a drop to $10k is an extremely bearish market scenario. Some experts believe that such a severe decline would require an absolutely extreme situation. There is ongoing disagreement among market participants as well.

Amid ongoing concerns about a bear market, the fact that there is such a wide gap in opinions among experts seems to signal market uncertainty. Some foresee an extremely bearish outlook, while others consider that level to be unrealistic. The debate over how severe a bear market could become is likely to continue.