<ul><li>Bloomberg analyst Mike McGlone predicts that Bitcoin (BTC) could correct to $10,000 amid market turmoil and excessive speculation.</li><li>McGlone warns about the misinterpretation of investment products and the overvaluation of Bitcoin, highlighting the speculative nature of the crypto assets.</li><li>He mentions the need for a market cleanse and suggests that Dogecoin (DOGE) should go to zero, mentioning the similarity with the dot-com bubble in the past.</li><li>However, McGlone acknowledges the potential of crypto technology, citing Tether's strength and potential as a widely traded crypto.</li></ul>

Bloomberg’s Mike McGlone Predicts BTC Correction to $10k Amid Market Turmoil

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