Well-known Investor Mark Mobius is sure that the bitcoin rate will fall to 8,000 euros.
The next mark for bitcoin (BTC) will be the mark of 8,000 euros. This is exactly the forecast given by Mark Mobiu, a well-known investor in emerging markets, according to Bloomberg.
Mark noted that at this time he would not invest his own funds or clients in cryptocurrencies, as he considers it too dangerous an investment. However, he does not admit that this class of investment will disappear altogether.
“Cryptocurrencies will remain as there are investors who still believe in them. It’s amazing how prices have held up amid the collapse of FTX,” Mark Mobius explained.
Mark Mobius is targeting the price of December options, where there was strong put interest, according to Deribit data.
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