Bloomberg Expert Warns: Bitcoin to $10K, Stocks Crash in 2026?

Mike McGlone, (https://x.com/mikemcglone11) Senior Commodity Strategist at Bloomberg Intelligence, delivers a stark warning in this must-watch interview: 2026 could bring a major post-inflation deflation cycle, crashing speculative assets and signaling broader economic pain.In this conversation, he breaks down:• Why Bitcoin may collapse toward $10,000 (already leading the downside from crypto peaks)• Gold & silver at historic velocity peaks — is a sharp reversal coming?• S&P 500 at 2.4x GDP (highest in ~100 years) — overdue for 10-20%+ correction• Why U.S. Treasury bonds could be the next big winner (long-duration play)Geopolitical wildcards, crude oil dropping toward $40, and Trump's affordability battle• Real-world pain: Americans selling plasma, crypto emotional blow-ups, and the reverse wealth effect• His key levels to watch: S&P above 7,000, Dow above 50,000, Bitcoin support at $64KFollow Mike McGlone:X → https://x.com/mikemcglone11LinkedIn → Mike McGlone, Bloomberg IntelligenceDisclaimer:This video is for informational and educational purposes only and does not constitute financial, investment, or economic advice. The views expressed by the guest are his own and do not necessarily represent those of Bloomberg, the host, or this channel. Markets are volatile and involve significant risk of loss. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results. No guarantees are made regarding accuracy or outcomes of any predictions discussed.