Mark Mobius, founder of Mobius Capital Partners and legendary investor, reiterated his prediction that Bitcoin (BTC) could drop as low as $10,000.
Legendary investor speaking to Bloomberg mobiusreiterated his prediction that Bitcoin could drop as low as $10,000. Mobius for Bitcoin price $10,000 He first made his prediction in March. When Bitcoin is above $30,000 had expressed. “Cryptocurrencies”very risky”, Mobius does not use its own money or the money of its customers. will not invest in cryptocurrencies told. With this FTX after the catastrophe of cryptocurrenciesincredibleMobius sarcastically praised the resilient nature of cryptocurrencies.
Not just cryptocurrencies macroeconomic Stating that the structure is not yet ready for a renewal and rising phase, the founder made the following statements about the global economy in his interview:
Humans have a very short-term memory. they forget the whole covid-19 process, the ongoing war and go into “let’s fix the market” mode. But I think hope for change is not one of our cards right now.
Mobius isn’t the only one who thinks Bitcoin will maintain its bearish nature. In addition to many popular analysts, BitMEX former CEO Arthur Hayes also of Genesis He claimed that he could not overcome the liquidity crisis he was in and that Bitcoin would decline to $10,000.