{"id":70830,"date":"2022-12-01T11:13:34","date_gmt":"2022-12-01T09:13:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70830"},"modified":"2025-09-08T04:29:28","modified_gmt":"2025-09-08T01:29:28","slug":"mark-mobius-predicts-bitcoin-to-fall-to-10000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mark-mobius-predicts-bitcoin-to-fall-to-10000\/","title":{"rendered":"Mark Mobius predicts Bitcoin to fall to $10,000"},"content":{"rendered":"<p>The next target for Bitcoin is the $10,000 mark. This forecast was shared by the well-known emerging markets investor Mark Mobius, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-11-28\/mobius-sees-bitcoin-down-at-10-000-in-dangerous-crypto-market?sref=AACmJ2tc\">Bloomberg<\/a> reports.<\/p>\n<p>The expert noted that he would not invest his own money or clients&#8217; money in cryptocurrencies, as &#8220;it&#8217;s too dangerous.&#8221; At the same time, he does not believe that the forming asset class will disappear.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cCryptocurrencies will endure, because there are investors who still believe in them. It is remarkable how prices have held up in the face of <\/em><a href=\"https:\/\/u1f987.com\/en\/news\/how-the-collapse-of-ftx-and-alameda-research-will-affect-the-crypto-industry\"><em>FTX collapse<\/em><\/a><em>,\u201d<\/em> \u2014 he said.<\/p>\n<\/blockquote>\n<p>The target cited by Mobius aligns with the price action of December options, where the maximum open interest was in put options, according to Deribit.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/assets.bwbx.io\/images\/users\/iqjWHBFdfxIU\/i_ffMLxC1a.M\/v0\/-1x-1.png\" alt=\"Bitcoin Options Dec. 30 expiry\"\/><figcaption>Data: Deribit, Bloomberg.<\/figcaption><\/figure>\n<p>Earlier, Glassnode<a href=\"https:\/\/u1f987.com\/en\/news\/ftx-collapse-triggers-one-of-the-largest-capitulations-by-bitcoin-holders\"> reported<\/a> the fourth-largest capitulation of Bitcoin investors in history amid the FTX saga.<\/p>\n<p>As Morgan Stanley<a href=\"https:\/\/u1f987.com\/en\/news\/morgan-stanley-notes-drop-in-retail-interest-in-bitcoin\"> noted<\/a> a decline in retail investor interest in cryptocurrencies.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\u201d\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The next target for Bitcoin is $10,000. This forecast was shared by the well-known emerging-markets investor Mark Mobius, Bloomberg reports.<\/p>\n","protected":false},"author":1,"featured_media":70831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1138],"class_list":["post-70830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70830"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70830\/revisions"}],"predecessor-version":[{"id":70832,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70830\/revisions\/70832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/70831"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}