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I see some analysts pointing out that Bitcoin could take a pretty heavy drop if the recession in the US actually materializes. Speaking of Mike McGlone, this guy has quite pessimistic forecasts, saying that BTC could fall to around $10,000 in a severe economic crisis scenario.
In reality, it's like when you're trying to identify fake silver in the market – you need to recognize the warning signs. With Bitcoin at 74.21K right now, such a drop would be brutal, but analysts indicate that recession risks in the US are real.
What's interesting is that these pessimistic forecasts always generate a lot of debate in the community. Some think it's exaggerated, others see it as a possible scenario. In any case, it's good to stay alert to economic indicators and not ignore these analyses, even if they seem alarmist.