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928: INVESTING LEGEND MARK MOBIUS ISSUES WARNING TO CRYPTO INVESTORS, DETAILS DIRE BITCOIN TARGET!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
928: INVESTING LEGEND MARK MOBIUS ISSUES WARNING TO CRYPTO INVESTORS, DETAILS DIRE BITCOIN TARGET!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
24 minutes
Released:
May 14, 2022
Format:
Podcast episode
Description
Seasoned investor and co-founder of Mobius Capital Partners Mark Mobius is issuing a dire warning to Bitcoin (BTC) traders that devastating losses still await the leading crypto asset.
Mobius says that while the “buy the dip” strategy may have worked for cryptocurrency traders in the past, it’s not a good idea this time around. However, he notes there could be a slight upswing after Bitcoin drops to the $20,000 mark before it once again resumes its plummet to $10,000.
“[Buying the dip] 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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Mobius says that while the “buy the dip” strategy may have worked for cryptocurrency traders in the past, it’s not a good idea this time around. However, he notes there could be a slight upswing after Bitcoin drops to the $20,000 mark before it once again resumes its plummet to $10,000.
“[Buying the dip] 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.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
May 14, 2022
Format:
Podcast episode
Titles in the series (100)
626: BITCOIN TO SKYROCKET 100X THE PRICE OF GOLD, SAYS TOP BLOOMBERG ANALYST!! $380K MASSIVE BTC ASCENT!!: Mike McGlone, a senior commodity strategist for Bloomberg Intelligence, believes the Bitcoin price could shoot past the price of an ounce of gold – by around 100 times. In the July 2021 edition of the monthly cryptocurrency newsletter 'Bloomberg... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News