Mark Mobius, co-founder of Mobius Capital Partners LLP, stated that his next target in Bitcoin (BTC) price is the levels of 10 thousand dollars.
The crypto industry has entered a recovery period after the recent FTX events. However, the cryptocurrency market continues its activity in a bear trend. In these painful days of the market, the future of the projects was also a matter of curiosity. Many investors believe these areas are bottoms. On the other hand, there is an increase in the number of people waiting for 10 thousand dollars for Bitcoin. Finally, Mark Mobius, co-founder of Mobius Capital, talked about cryptocurrencies.
Mark Mobius Surprised by Bitcoin Price
Famous investor and Mobius Capital co-founder Mark Mobius stated that he was surprised that the price of Bitcoin (BTC) has resisted the recent FTX events.
Giving an interview in Singapore, Mobius stated that his next target for Bitcoin is 10 thousand dollars. In addition, Mobius added that it will not invest its own money or that of its customers in cryptocurrencies.
Mobius, who spent years on the investment side, underlined that cryptocurrencies will show continuity. Mobius cited that there are still more maximalist investors.
Finally, referring to the FTX events, Mobius stated that he was surprised that the BTC price showed resistance despite the effect of these events.
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