Legendary investor Mark Mobius is convinced that Bitcoin is heading lower, but he doesn’t believe that this is the end of crypto
Mobius Capital Partners founder Mark Mobius បានព្យាករណ៍ that the price of Bitcoin, the largest cryptocurrency by market capitalization, could plunge to just $10,000.
As រាយការណ៍ដោយ U.Today, the co-founder of Mobius Capital Partners made the same call in early March. Back then, the world’s largest cryptocurrency was trading way above $30,000.
Despite the fact that Bitcoin is currently trading close to a two-year low, Mobius praised the cryptocurrency’s resilience, arguing that it held up “amazingly” in wake of the FTX disaster.
Mobius is convinced that cryptocurrencies are here to stay in spite of the current headwinds.
As រាយការណ៍ដោយ U.Today, Fundstrat’s Tom Lee recently compared the ongoing cryptocurrency crisis to that of 2018. Lee believes that cryptocurrencies are here to stay because they will still be supported by a cohort of people who prefer decentralization.
Mobius is known for being skeptical about cryptocurrencies. Back in 2020, he ប្រៀបធៀប Bitcoin to a casino operation.
In 2021, the prominent investor said that the largest cryptocurrency wasn’t a real investment.
Source: https://u.today/mark-mobius-sees-bitcoin-falling-to-10000