Next target for bitcoin is $10,000 Mark Mobius, a well-known investor in emerging markets, shared this prediction. Bloomberg.
The expert noted that he will not invest his own funds or clients’ money in cryptocurrencies, because “it is too dangerous”. At the same time, he doesn’t believe the emerging asset class will disappear.
“Cryptocurrencies will remain as there are investors who still believe in them. It’s amazing how the prices have held up in the background FTX crash», he said.
The Mobius benchmark is consistent with the December options strike price, where there is the highest open interest on put options, according to Deribit data.
Formerly Glassnode analysts fixed the fourth largest bitcoin investor capitulation in history against the background of the events around FTX.
We remind you, at Morgan Stanley noticed Declining retail investor interest in cryptocurrencies.
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