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Mark Mobius sees bitcoin plunging to $10k: ‘Buy the dip will not work’
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fnlondon.comVeteran emerging markets investor Mark Mobius has warned investors not to “buy the dip” following the latest crash in bitcoin’s price, predicting a meltdown in the crypto market could drive its price to as low as $10,000 in the coming months.
Bitcoin has suffered huge losses over the past week, plummeting by as much as 23% between 9 May and 12 May amid a sell-off that wiped billions of dollars from the crypto market.
Bitcoin's...
Read more on fnlondon.comAbout this in other media
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Mark Mobius sees bitcoin plunging to $10k: ‘Buy the dip will not work’ fnlondon.com /2 years ago
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