Veteran investor Mark Mobius expects the price of bitcoin to plunge further. He warned about buying the dip. crypto cryptocurrency $BTC
Veteran Investor Mark Mobius Expects Bitcoin to Fall Further — Cautions Crypto Traders Against Buying the Dip
Prior to starting his own company, Mobius was executive chairman of Templeton Emerging Markets Group. He joined Templeton in 1987 where he managed more than $50 billion in emerging markets portfolios. It will not work this time until bitcoin hits $20,000, from where there might be a bounce but then the next target will be $10,000.
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