Investor Mark Mobius is convinced that bitcoin will fall to $ 10,000

Cryptocurrency analyst, investor, and founder of Mobius Capital Partners Mark Mobius shared his opinion on the future of the flagship digital asset. Mobius is convinced that BTC $98,522.62 Bitcoin -0.34% Market capitalization $1.95 trillion VOL. 24 hours $3.58 billion will fall to $ 10,000 in the near future.

In a conversation with journalists, Mark Mobius emphasized the great resilience of BTC, which «amazingly held up» after the FTX crash. Despite his negative expectations, the investor is confident that digital assets will become much more popular and used more often, despite the current «headwinds.»

Obviously, the head of Mobius Capital Partners, like Robert Kiyosaki, has changed his mind about cryptocurrencies. Previously, Mobius compared buying bitcoin to playing in a casino and called Cryptocurrencies a fake investment.

As for the forecast of bitcoin’s collapse to $ 10,000, the same price is expected by the well-known cryptocurrency expert Michael van de Poppe. A few days ago, he noted that people used to want digital gold to fall to $ 20,000 in order to buy as much cryptocurrency as possible. Now, he said, traders dream of selling their virtual assets to buy bitcoin for $ 10,000. According to the cryptocurrency expert, the BTC exchange rate will definitely fall based on the current state of affairs in the market. Van de Poppe is convinced that if market players manage to successfully overcome the turbulence, it will have a positive impact on the entire industry and the hard times will soon be over.