He's so popular I never heard of him, and might not even remember him the next time his name drops randomly here. Haven't we already gotten bored of these CNN CNBC pseudo-finance-crypto experts by now?
Calling a 10k bottom when we've seen Bitcoin struggle to keep hold of $17k isn't exactly analyses that won't be found elsewhere. It's Bitcoin. Dropping from current levels to 10k is not even a 50% drop, something Bitcoin's fully capable of.
The clever expert would instead be asking how low more can it go if it does breach 10k? It's psychological. Do we see a massive bounce? Or does that cause final capitulation?
Topic: Mark Mobius Prediction Bitcoin could hit $10k at 2023 - page 2. (Read 423 times)
Who is the man? I don't know about this man.
I can't remember ever hearing about that man since I've been on the forum, but even if I had I wouldn't get too excited about his opinion - because in a bear market all the so-called experts amplify their pessimism to the max. Even if it happens that the price reaches $10k at some point, it is not a tragedy for those who understand that with time the whole market will recover, and Bitcoin will not be an exception.
The year 2023 might be quite challenging, but as the halving approaches, there will be more and more optimistic people who will once again want to take advantage of the opportunity to profit. Then everyone will compete in their speculations for the next bull run, and this character will also turn from a great pessimist to a great optimist.
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.
I don't know this man, and it doesn't matter what his purpose is, is he speculating as an investor or getting paid to do it? But I agree with his prediction, I still believe we haven't bottomed in this bear season. Not only do I predict the bear market is still ongoing, but I also hope that bitcoin could fall even more. The bitcoin price drop is not a bad thing, why are people afraid of it happening?
If you invest in bitcoins and store them in a non-custodial wallet, there is nothing to fear when the exchange crashes or the market crashes and the falling bitcoin price is an opportunity for us to buy more bitcoins.
If you invest in bitcoins and store them in a non-custodial wallet, there is nothing to fear when the exchange crashes or the market crashes and the falling bitcoin price is an opportunity for us to buy more bitcoins.
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.
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.
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While I would never say I know every single important figure in this market I do not remember him, but after looking for his name I can see that he is in fact a prominent figure in the fiat economy and has written several books about investing.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.
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However even if the market went down and reached 10k, does this change at all your approach to this market? Because it does not really makes too much of a difference to me, if I could hold my coins when bitcoin crashed at the beginning of 2018 then I can hold my coins if the price crashed that hard next year, so at least to me even if such prediction came true not much will change.
Who is the man? I don't know about this man.
Will you lose anything if Bitcoin drops to $10k but you invest with your money and can wait until 2024 halving?
If you can not buy more Bitcoin about $10k, just hodl till the halving.
If you can DCA more, do it.
Skip his prediction because if Bitcoin falls to $10k, he will make another prediction calls to $5k.
In bull runs, later predictions call for higher prices.
In bear runs, later predictions call for lower bottoms.
Is it true?
No, because price can not rise forever in bull run or fall forever in bear run. There is top and bottom but your responsibility is to DCA and take profit averagely.
We all don't know about this man but one thing this is for sure, and that is this man want's to be on the spotlight by sharing his own prediction. As long as btc still has its own value then we don't lose anything. Not those who invest in btc can wait for 2024 because that is a long year but there are great benefits if one can hodl that long.Will you lose anything if Bitcoin drops to $10k but you invest with your money and can wait until 2024 halving?
If you can not buy more Bitcoin about $10k, just hodl till the halving.
If you can DCA more, do it.
Skip his prediction because if Bitcoin falls to $10k, he will make another prediction calls to $5k.
In bull runs, later predictions call for higher prices.
In bear runs, later predictions call for lower bottoms.
Is it true?
No, because price can not rise forever in bull run or fall forever in bear run. There is top and bottom but your responsibility is to DCA and take profit averagely.
This marks guy is bearish about btc so you might be right that once btc dips to that amount, he will call another lower amount again and so on, if ever btc didn't stop dipping but I bet there's only a less chance that his predictions will occur. $10k seems to be a low value already and if it's possible then it should have happened by now, now that the situation is much worse.
I do not know the man that made the prediction, but I believe the man that bitcoin can get to 10,000 dollars . Before now I was not in support of Bitcoin going lower than what we are seeing but recently I looked at the Bitcoin chart from the yearly time frame I saw that bitcoin is not heading to anywhere close to bull. We will experience more bearish trend, although I am not an expert but that is what my little knowledge about the chart told me.
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I have read where you said that the Bitcoin window is opened between $15k to $75k or 100k. This means Bitcoin may not go below $15k. Without writing long episode, are you still standing by this speculation? 
He is a legendary investor, but that doesn't mean all his predictions will come true. He is just like us, just making our predictions and hoping they will become a reality, no one has a crystal ball to know exactly what bitcoin will look like tomorrow.
Be careful when following news like this, maybe someone wants our bitcoins, they are trying to scare us and sell our bitcoins at a low price. Please do your own research, and never take any advice from the media, it's a great market manipulation tool by the sharks.
Be careful when following news like this, maybe someone wants our bitcoins, they are trying to scare us and sell our bitcoins at a low price. Please do your own research, and never take any advice from the media, it's a great market manipulation tool by the sharks.
Regardless of who this man is, $10k is still very possible the way the market is going right now. I mean the negative sentiments because of the Luna and recently the FTX debacle is still here and might stay a bit. We've seen how it negatively affected the price, setting another lower lows at $15,500.
So just imagine if another big name in crypto suddenly collapses that could put somewhat saturated with negative signals and sentiments, the result is another meltdown pulling the price to final capitulation in the range of $10k.
So just imagine if another big name in crypto suddenly collapses that could put somewhat saturated with negative signals and sentiments, the result is another meltdown pulling the price to final capitulation in the range of $10k.
Well some pretty big names make predictions... None have been right in my eyes.
If I thought he was right I would sell and buy back in, screw this hodl crap. I'd prolly sell half and watch. That's a big difference in the end game over just hodl.
Or a good opportunity to blend down.
I want it to crash more and flush out the leverages.
If I thought he was right I would sell and buy back in, screw this hodl crap. I'd prolly sell half and watch. That's a big difference in the end game over just hodl.
Or a good opportunity to blend down.
I want it to crash more and flush out the leverages.
Will you lose anything if Bitcoin drops to $10k but you invest with your money and can wait until 2024 halving?
If you can not buy more Bitcoin about $10k, just hodl till the halving.
No person could predict bitcoin correctly, whoever he is (sorry not familiar), I think he has a point because we are already in the bearish mode. But the question is, do we have to panic? No, because we've seen bitcoin dump many times and it always recovers and make a new ATH.
Always remember this """"""" Bitcoin has died 467 times"""""" if you are losing faith on bitcoin.
Always remember this """"""" Bitcoin has died 467 times"""""" if you are losing faith on bitcoin.
I thought we'd moved on from bitcoin predictions. People predict this and that, but nothing happens or anything close to that happens. Using the FTX crash as a reason why bitcoin may fall below $10,000 cannot be overemphasised or debated because such events have an impact on the market. The general public and bitcoin enthusiasts can always predict, but their predictions should not be overly relied on because they do not always come true.
Never heard of him before and I don't really care about his speculations since they are baseless and are simply dependent on the recent FTX events. The beauty of BTC and many other cryptocurrencies is that they don't always follow certain patterns.
This volatility factor makes them unpredictable at any point of time basically.
This volatility factor makes them unpredictable at any point of time basically.
This is just a forecast, even if we take into account the influence and significance of such a figure as Mark Mobius. Very similar to the weather forecast, which, as you know, has very large errors in accuracy. The same is true here. Too many factors can affect the price of btc, both up and down, which is almost impossible to predict. I am inclined to believe that the bearish trend will continue for a long time, and therefore, a fall in the value of bitcoin is quite possible and Mark Mobius's forecast is possible too. But I wouldn't say for sure. Even if this happens, then with a change to a bullish trend, BTC will still compensate for the loss in value, recover and show new highs.
I am happy when I hear such statements, as they are an indication of the end of the bear market.
We will not reach those levels under normal circumstances, perhaps if there is a problem with Binance, Coinbase, or regulatory restrictions, it may happen, but in the normal situation we are far from that.
The next two weeks will be a confirmation of the trend either below 16k or above 17k due to the outcome of the next Federal Reserve meeting and whether the pace of raising interest rates will be fixed or will it continue to increase.
We will not reach those levels under normal circumstances, perhaps if there is a problem with Binance, Coinbase, or regulatory restrictions, it may happen, but in the normal situation we are far from that.
The next two weeks will be a confirmation of the trend either below 16k or above 17k due to the outcome of the next Federal Reserve meeting and whether the pace of raising interest rates will be fixed or will it continue to increase.
OP, it would be fair for you to include a link to where you got this information from in your post. I see that you told it in your own words; however, when referring to someone else's opinion, to prove other people's words, there should always be a link.
But as far as predictions go, I don't know a single person who possesses a crystal ball. Whether an event has come true or not, it gives no reason to have confidence in the forecasts of any person, even if he is an experienced investor. I know many stories when experienced people changed their estimates over time.
But as far as predictions go, I don't know a single person who possesses a crystal ball. Whether an event has come true or not, it gives no reason to have confidence in the forecasts of any person, even if he is an experienced investor. I know many stories when experienced people changed their estimates over time.
Due to some unexpected events of this year, the Bitcoin market is in a very bad situation.
What are the unexpected situations with bitcoin and the expected ones missed out? without any form of alterations bitcoin on itself is volatile, the price is not fixed, it changes at any time and this change is both high and low, the demand on the market determines which side prevail over it's price.
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.
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Try do your own research, Mark Mobius has done his own research to an extent, try make some speculations and study the possibilities to this outcome of bitcoin price we all have anticipated for, it may go down or up with time but this year already has it all on dip but may not be that low upto $10k.
We may not be aware of Mark Mobius but his prediction has already been published in almost every leading news media and cryptocurrency related magazine and news portal channel. Yes, it may be a fabrication of his and may be the target of his next investment. So we have no other option at the moment except to invest in Bitcoin and hold it for the long term.
This prediction already published in several news channel/Magazines...
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This prediction already published in several news channel/Magazines...
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When mass media calls for 1 mln$ BTC ... sell immediately.
When mass media spam FUD and low price predictions ... start buying.
Its never been easier to invest long term. Just use mass media as counter indicator. The fact 6 websites repost random guy bearish predition makes me super bullish.
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