Bloomberg's senior commodities strategist, Mike McGlone, has suggested that Bitcoin might stabilize at $10,000 if certain macroeconomic conditions persist. McGlone highlighted the pressure on risky assets due to current economic conditions and emphasized the importance of strong US stock markets for Bitcoin's stability. He noted the unusual low volatility in US stocks despite rising risks in commodities like gold and oil. McGlone also drew parallels between current market dynamics and the prelude to the 2008 financial crisis, citing rising oil prices as a potential recession indicator. He projected that by 2026, WTI oil could drop to $40, copper to $4, US Treasury yields to 4%, gold to $4,000, and silver to $50. McGlone referenced Michael Saylor's approach to Bitcoin investment, highlighting MicroStrategy's role as a pioneer in the field.