Bloomberg Intelligence has raised concerns about Bitcoin facing significant downside pressure, with analysis suggesting the flagship cryptocurrency could see sharp declines toward the $10,000 level. The warning stems from several converging headwinds: weakening retail and institutional buying momentum, a notable slowdown in ETF fund inflows that have been crucial for price support, and shifting dynamics across the broader crypto market landscape. These structural changes in market participation patterns paint a cautious picture for Bitcoin's near-term trajectory as traditional strength indicators show signs of cooling.