Everyone can make their own speculations but we never think this could be in real and usually, it went wrong. I foresee that 2023 is not bad as it was today but rather see the market shows some pumps as we are about to prepare for the next halving. Thus, the price of Bitcoin reaching $10k is out of my radar, I predict this will reach $30k.
I'm very optimistic about next year as we are done and tested by these FUDs already this year. I think it was enough for the bear season, people had suffered so much and next year will be the time to reward holders.
Topic: Mark Mobius Prediction Bitcoin could hit $10k at 2023 (Read 436 times)
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I'm not too worried about the analysis of other people, even if that person is an expert in analyzing crypto market movements. I trust what I will see from the market and analyze it according to myself because, in that way, it can help me to improve my ability to analyze the market.
If he says that the bitcoin price can fall to $10k, it will be a big opportunity for us because we can buy a lot of bitcoins at that price. Besides, it's just a prediction from people and we need to know their aim in spreading the news because it could trigger concern from small investors. But for big investors, it would be exhilarating because it is a good time to buy lots of bitcoins again.
If he says that the bitcoin price can fall to $10k, it will be a big opportunity for us because we can buy a lot of bitcoins at that price. Besides, it's just a prediction from people and we need to know their aim in spreading the news because it could trigger concern from small investors. But for big investors, it would be exhilarating because it is a good time to buy lots of bitcoins again.
Nothing matters. Keep DCA going. It always pays off to invest long-term.
In markets, liquidity is key, and when there are no sellers, the bottom is reached. In the event everyone stops paying attention, the big boys are able to accumulate at a discount to determine the bottom price. It is possible for the bottom to go deeper, but this is extremely good news for investors.
In markets, liquidity is key, and when there are no sellers, the bottom is reached. In the event everyone stops paying attention, the big boys are able to accumulate at a discount to determine the bottom price. It is possible for the bottom to go deeper, but this is extremely good news for investors.
Yes! Or actually it does matter, but in a positive way. I am definitely accumulating but right now put in $100 and you get over 5 mbtc. If price really goes down to $10k, the same amount gives me double.
And if price really goes even worse as I'm reading, wow, I'll be happy as my DCA will be cut short in like half the time. Paying off even more. Happiness waits for those who ignore the FUD.
Nothing matters. Keep DCA going. It always pays off to invest long-term.
In markets, liquidity is key, and when there are no sellers, the bottom is reached. In the event everyone stops paying attention, the big boys are able to accumulate at a discount to determine the bottom price. It is possible for the bottom to go deeper, but this is extremely good news for investors.
In markets, liquidity is key, and when there are no sellers, the bottom is reached. In the event everyone stops paying attention, the big boys are able to accumulate at a discount to determine the bottom price. It is possible for the bottom to go deeper, but this is extremely good news for investors.
Well, just as last year there seemed to be a competition to see who could give the highest prediction, now the competition is reversed.
Up to $0.5M predicted the peak supercycle theory for Bitcoin this cycle.
That said, $10k in 2023 doesn't seem far-fetched. It's a likely scenario, but I think that while people are still predicting downside, the price is going to turn around at some point and start going up, now that pretty much all the leverage that was there has evaporated.
Up to $0.5M predicted the peak supercycle theory for Bitcoin this cycle.
That said, $10k in 2023 doesn't seem far-fetched. It's a likely scenario, but I think that while people are still predicting downside, the price is going to turn around at some point and start going up, now that pretty much all the leverage that was there has evaporated.
Mark Mobius Prediction Bitcoin could hit $10k at 2023
The question is, is this prediction a good thing or a bad thing for crypto investors? Coz predictions like this coming from well known personalities in economic industry usually have 2 goals ; 1, to scare away the weakhands and force them to withdraw for Bitcoin to even dip further, and when the first goal is achieved, they will make a massive purchase to bring back Bitcoin's price and create a FOMO that will eventually pull Bitcoin's price in an upward momentum.
They are just trying to manipulate the market sentiments.
These people coming out with price predictions at the bottom are basically useless. That prediction would have been a lot more valuable as we were hitting new highs, like when I was saying it… Now is the time to be predicting the next peak, not pretending to have some magic prediction abilities being Mr Obvious. Make no mistake about it, now is the time to be a buyer, not a seller. Resist those trying to part you from your coins.
I do not know him but it's likely that the effect of the FTX issue has been maximized already by the market and we probably have seen the lowest that it can.
Not saying that $10k won't happen, there's a slight chance that it may. So what if it happens? Are people going to follow what we're saying to buy the dip or they would just watch the market again to recover?
While on the other predictions side, there's the bullish prediction for 2023, take it from Tim Draper.
Not saying that $10k won't happen, there's a slight chance that it may. So what if it happens? Are people going to follow what we're saying to buy the dip or they would just watch the market again to recover?
While on the other predictions side, there's the bullish prediction for 2023, take it from Tim Draper.
Bitcoin is already down over 50% from its ATH, and worried are those who bought it at the price above current levels. If that guy thinks BTC will be going under $10k, he must have evaluated something that we didn't. Anyways, markets are bearish and BTC is only faking it out when it shows some signs of bullishness because whenever it breaks out above $17k, it just takes the liquidity and gets back under $17k. Until we see a strong breakout above $22500 and it holds above that range, I still see BTC in danger and it'll bring some more FUD as the FTX shit is yet to get settled.
Most likely $10k might be the final capitulation for us?
What if we really hit $10k in 2023? it's a big psychological number, we all know that traders like whole numbers and support like this one, so I think if we hit this numbers then problem we hit the bottom but the reaction could be huge as we will have a bounce the soonest.
And I speculate that if we are going to hit this price, this could be near the start of the bitcoin halving. As we all know that this is the final catalyst for the start of a bull run.
What if we really hit $10k in 2023? it's a big psychological number, we all know that traders like whole numbers and support like this one, so I think if we hit this numbers then problem we hit the bottom but the reaction could be huge as we will have a bounce the soonest.
And I speculate that if we are going to hit this price, this could be near the start of the bitcoin halving. As we all know that this is the final catalyst for the start of a bull run.
Mark Mobius had earlier given some predictions which were later corrected .In May this year, when the Bitcoin market was at $28,000, he said that Bitcoin would soon hit $20,000, which later came true. But it is only a matter of time how far Mark Mobius's $10k prediction comes true.
source
Talking about predictions that result in truth or falsity in those predictions really depends on who is talking about those predictions. If we make predictions about Bitcoin, of course there will be many wrong predictions compared to the truth of the predictions. source
Mark Mobius predicts about Bitcoin, of course, will produce correct predictions because he is also part of the players in the crypto market. So the level of truth of the prediction is much higher than the failure of the prediction.
There are too many people guessing that they would hit it big, but the reality is that these so called experts are not really experts on the subject. They usually do not even realize that we are talking about something volatile and unexpected, which means that you are not going to really get anything out of this.
It would be a lot smarter if you just picked what you know, and that way it would be a lot better to talk about that, but these people just like to talk about whatever is trending at that moment to get more attention. What you need to learn about these big name people (and this guy is not even that) is the fact that they need to get attention or they will be gone.
It would be a lot smarter if you just picked what you know, and that way it would be a lot better to talk about that, but these people just like to talk about whatever is trending at that moment to get more attention. What you need to learn about these big name people (and this guy is not even that) is the fact that they need to get attention or they will be gone.
After reading his discussion on bitcoin news and giving a thought, I think he is sort of right with his arguments.
"Crypto is here to stay as there are several investors who still have faith in it" is prime example of his familiarity with Bitcoin.
There is one more idea from him, in 2021:
https://news.bitcoin.com/mobius-capital-founder-crypto-is-not-an-investment-means-to-speculate-have-fun/
-Mark Mobius says that cryptocurrency is not an investment, calling it “a means to speculate and have fun.”
This is not exactly true considering nearly all good cryptocurrencies are tied to great businesses right now - but considering altcoin jungle its all speculation.
I feel like Bitcoin is truly investment option tho. Doesn't matter if its prices go below 10k or 5k even. I will never stop investing in Bitcoins!
"Crypto is here to stay as there are several investors who still have faith in it" is prime example of his familiarity with Bitcoin.
There is one more idea from him, in 2021:
https://news.bitcoin.com/mobius-capital-founder-crypto-is-not-an-investment-means-to-speculate-have-fun/
-Mark Mobius says that cryptocurrency is not an investment, calling it “a means to speculate and have fun.”
This is not exactly true considering nearly all good cryptocurrencies are tied to great businesses right now - but considering altcoin jungle its all speculation.
I feel like Bitcoin is truly investment option tho. Doesn't matter if its prices go below 10k or 5k even. I will never stop investing in Bitcoins!
This prediction can be correct if the December price cannot touch $20k, many investors will panic so they choose to cut losses, now we will see if December will rise or stay in the range of $16k, but if this prediction is correct then prepare big money to buy, because I'm sure the price will rise again soon.
Due to some unexpected events of this year, the Bitcoin market is in a very bad situation. Right now, Mark Mobius, a very popular figure in cryptocurrency, predicted in a CNBC seminar on Thrusday that Bitcoin is going to stay below $10k dollars very soon. That's going to be a 40 percent drop in current bitcoin value.
Re: photo collected from Google
He adds that one of the reasons for this is that large centralized exchanges like FTX are getting involved in scams out of fear that those who have invested in cryptocurrencies or institutions that hold cryptocurrency investments by offering interest rates above 5% are getting destroyed. Also, people don't want to hold cryptocurrency because of higher interest rate of USD.
Mark Mobius had earlier given some predictions which were later corrected .In May this year, when the Bitcoin market was at $28,000, he said that Bitcoin would soon hit $20,000, which later came true. But it is only a matter of time how far Mark Mobius's $10k prediction comes true.
source
I see Mark Mobius is a founder of Mobius capital partners (so he is no different from another financial fund manager). everyone is free to speculate on the price of bitcoin every year but speculation without data is a hoax. if you believe his words, then just prepare your money to buy bitcoin when the price is $ 10k, but if you don't believe his words even a little, then keep holding the bitcoins that you have. Re: photo collected from Google
He adds that one of the reasons for this is that large centralized exchanges like FTX are getting involved in scams out of fear that those who have invested in cryptocurrencies or institutions that hold cryptocurrency investments by offering interest rates above 5% are getting destroyed. Also, people don't want to hold cryptocurrency because of higher interest rate of USD.
Mark Mobius had earlier given some predictions which were later corrected .In May this year, when the Bitcoin market was at $28,000, he said that Bitcoin would soon hit $20,000, which later came true. But it is only a matter of time how far Mark Mobius's $10k prediction comes true.
source
If what he said comes true, I will be happy to wait for it because it is a golden opportunity to buy more bitcoins. I don't know him but I will take part by buying bitcoin again. The potential for bitcoin to go higher is huge in the future. So we can buy bitcoin at a lower price than now, that is our advantage and we can see how its value will grow in the future. We should not panic if the price drops to $10k so people don't sell their bitcoins but use them to increase their bitcoins.
Myself too doesn't know him. Based on the discussion it looks like he's an expert in predicting the market. As mentioned the chances of price reaching $10k is high, based on the halving scheduled for the year 2024. With the same in mind it is good to stay positive amidst the regulation and other issues arise relative to cryptocurrency.
After the case of FTX and many influencers says that the FTX case can occur in many exchanges, it makes investors panic, if there are more large cases such as FTX, it is natural that the price of Bitcoin will continue to drop even under $ 10K, for the short term there will certainly be panic , but slowly after the case is finished, the price will skyrocket again.
Now the case with FTX has occurred and has also been completed, although everyone is still traumatized and continues to remember it. And the same case has not happened on other exchanges, so you don't need to worry or be afraid of what influencers say to make investors panic. Because influencers also have their own goals in saying this and if you are still being overshadowed by the FTX case until now, then better not buy anything at this point and keep your money safe in your wallet. Because by doing so you can keep your assets very safe and can eliminate the feeling of worry that arises from your own mind.
The crash of FTX is not over yet and things have only just begun, they are not officially bankrupt yet and the companies involved have not been fully disclosed. FTX is in the process of filing for bankruptcy and they have time to negotiate with customers and partners. Gemini is the name involved in the FTX crash and may go bankrupt if it fails to borrow $1 billion, which will negatively impact the market. But information about it is still not much and people don't care because the bomb hasn't exploded.
If what he said comes true, I will be happy to wait for it because it is a golden opportunity to buy more bitcoins. I don't know him but I will take part by buying bitcoin again. The potential for bitcoin to go higher is huge in the future. So we can buy bitcoin at a lower price than now, that is our advantage and we can see how its value will grow in the future. We should not panic if the price drops to $10k so people don't sell their bitcoins but use them to increase their bitcoins.
Myself too doesn't know him. Based on the discussion it looks like he's an expert in predicting the market. As mentioned the chances of price reaching $10k is high, based on the halving scheduled for the year 2024. With the same in mind it is good to stay positive amidst the regulation and other issues arise relative to cryptocurrency. 
I know of him for many years, he is quite senior now experienced in emerging markets and commodities I think. I dont see why he should have a special opinion on BTC or has any personal involvement that I have heard of. So he is likely making the same type of call others would in very general finance related trends around dollar flows, just like calling Euro strength or any country rising or falling.
I wouldnt dismiss him exactly, his opinion comes from the mainstream and he is correct in saying FTX casts a long shadow in terms of market confidence. It is true but also thats a private company not BTC itself, someone in crypto screwed up badly is not a new headline its a wild west still so yea be careful do not ever place everything in one place and consider it a safe bet. Thats also true of some of the worlds largest banks, so the context for BTC to continue to progress and be required is still there and yet 10k can happen sure but its more of a buy then a fear I rate personally.
I wouldnt dismiss him exactly, his opinion comes from the mainstream and he is correct in saying FTX casts a long shadow in terms of market confidence. It is true but also thats a private company not BTC itself, someone in crypto screwed up badly is not a new headline its a wild west still so yea be careful do not ever place everything in one place and consider it a safe bet. Thats also true of some of the worlds largest banks, so the context for BTC to continue to progress and be required is still there and yet 10k can happen sure but its more of a buy then a fear I rate personally.
If what he said comes true, I will be happy to wait for it because it is a golden opportunity to buy more bitcoins. I don't know him but I will take part by buying bitcoin again. The potential for bitcoin to go higher is huge in the future. So we can buy bitcoin at a lower price than now, that is our advantage and we can see how its value will grow in the future. We should not panic if the price drops to $10k so people don't sell their bitcoins but use them to increase their bitcoins.
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