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Legendary Investor Reveals Shock Bitcoin Price Target - Forbes

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Date: 2022-11-29 20:29:42

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Bitcoin BTC has come under severe pressure in the aftermath of the shock FTX crypto exchange collapse that could be about to hit others.

Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash

The bitcoin price has dropped to around $16,000 per bitcoin this month, down more than 70% from this time last year (though some investors think the bitcoin price is poised to roar back surprisingly soon).

Now, as Elon Musk suddenly sends the price of this tiny bitcoin rival up 300%, veteran fund manager Mark Mobius has warned the bitcoin price could fall as low as $10,000 as traders and investors count the cost of the FTX implosion.

It's in a brutal bear market that you need up-to-date information the most! Sign up now for the free CryptoCodexA daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market