Bitcoin Forecast from Senior Manager! “BTC’s Next Target…”

Having spent this year with sharp declines and bitcoin and altcoins most recently, the cryptocurrency exchange was shaken by the bankruptcy of FTX.

Falling to $ 15,500 with the bankruptcy of FTX BTCrallied slightly and climbed above $16,000.

While investors in loss are waiting for BTC and altcoins to rise as soon as possible, some investors want to turn the falling prices into opportunities and buy from the bottom.

Senior fund manager as investors face this dilemma Mark Mobius, BTC warned its investors of new lows.

In an interview in Singapore today, Mobius, co-founder of Mobius Capital Partners LLP, said that new bottoms may come in BTC and bitcoin He said that his next target for the company is $10,000.

“I believe the next target for Bitcoin will be 10,000. That’s why I think investing in Bitcoin and cryptocurrencies would be very dangerous.

I will not invest my own money or my customers’ money in cryptocurrencies because it is very dangerous.

But cryptocurrencies and its technology are here to stay because there are still many investors who believe in it.”

Commenting on the bankruptcy of FTX, Mark Mobius said, “It is unbelievable that Bitcoin prices have held up this long despite the FTX bankruptcy and its consequences.” said.

Finally, Bitcoin and cryptocurrency Mentioning the inflation and interest rate hikes that greatly affect the market, Mobius said that inflation and the FED’s monetary policy will continue to affect BTC and cryptocurrencies.