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Author Topic: Mark Mobius Prediction Bitcoin could hit $10k at 2023  (Read 355 times)
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December 08, 2022, 09:00:31 PM
 #41

Bitcoin is already down over 50% from its ATH, and worried are those who bought it at the price above current levels. If that guy thinks BTC will be going under $10k, he must have evaluated something that we didn't. Anyways, markets are bearish and BTC is only faking it out when it shows some signs of bullishness because whenever it breaks out above $17k, it just takes the liquidity and gets back under $17k. Until we see a strong breakout above $22500 and it holds above that range, I still see BTC in danger and it'll bring some more FUD as the FTX shit is yet to get settled.

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December 08, 2022, 09:03:23 PM
 #42

I do not know him but it's likely that the effect of the FTX issue has been maximized already by the market and we probably have seen the lowest that it can.

Not saying that $10k won't happen, there's a slight chance that it may. So what if it happens? Are people going to follow what we're saying to buy the dip or they would just watch the market again to recover?

While on the other predictions side, there's the bullish prediction for 2023, take it from Tim Draper.  Roll Eyes

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December 09, 2022, 04:19:15 AM
 #43

These people coming out with price predictions at the bottom are basically useless. That prediction would have been a lot more valuable as we were hitting new highs, like when I was saying it… Now is the time to be predicting the next peak, not pretending to have some magic prediction abilities being Mr Obvious. Make no mistake about it, now is the time to be a buyer, not a seller. Resist those trying to part you from your coins.

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December 09, 2022, 05:30:47 AM
 #44

Mark Mobius Prediction Bitcoin could hit $10k at 2023

The question is, is this prediction a good thing or a bad thing for crypto investors? Coz predictions like this coming from well known personalities in economic industry usually have 2 goals ; 1, to scare away the weakhands and force them to withdraw for Bitcoin to even dip further, and when the first goal is achieved, they will make a massive purchase to bring back Bitcoin's price and create a FOMO that will eventually pull Bitcoin's price in an upward momentum.
They are just trying to manipulate the market sentiments.

R


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December 09, 2022, 05:34:11 AM
 #45

Well, just as last year there seemed to be a competition to see who could give the highest prediction, now the competition is reversed.

Up to $0.5M predicted the peak supercycle theory for Bitcoin this cycle.

That said, $10k in 2023 doesn't seem far-fetched. It's a likely scenario, but I think that while people are still predicting downside, the price is going to turn around at some point and start going up, now that pretty much all the leverage that was there has evaporated.

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December 09, 2022, 06:32:19 AM
 #46

Nothing matters. Keep DCA going. It always pays off to invest long-term.
In markets, liquidity is key, and when there are no sellers, the bottom is reached. In the event everyone stops paying attention, the big boys are able to accumulate at a discount to determine the bottom price. It is possible for the bottom to go deeper, but this is extremely good news for investors.

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December 09, 2022, 06:58:05 AM
 #47

Nothing matters. Keep DCA going. It always pays off to invest long-term.
In markets, liquidity is key, and when there are no sellers, the bottom is reached. In the event everyone stops paying attention, the big boys are able to accumulate at a discount to determine the bottom price. It is possible for the bottom to go deeper, but this is extremely good news for investors.

Yes! Or actually it does matter, but in a positive way. I am definitely accumulating but right now put in $100 and you get over 5 mbtc. If price really goes down to $10k, the same amount gives me double.

And if price really goes even worse as I'm reading, wow, I'll be happy as my DCA will be cut short in like half the time. Paying off even more. Happiness waits for those who ignore the FUD.

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December 09, 2022, 07:32:39 AM
 #48

I'm not too worried about the analysis of other people, even if that person is an expert in analyzing crypto market movements. I trust what I will see from the market and analyze it according to myself because, in that way, it can help me to improve my ability to analyze the market.

If he says that the bitcoin price can fall to $10k, it will be a big opportunity for us because we can buy a lot of bitcoins at that price. Besides, it's just a prediction from people and we need to know their aim in spreading the news because it could trigger concern from small investors. But for big investors, it would be exhilarating because it is a good time to buy lots of bitcoins again.

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when lambo...


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December 09, 2022, 09:22:29 AM
 #49

Everyone can make their own speculations but we never think this could be in real and usually, it went wrong. I foresee that 2023 is not bad as it was today but rather see the market shows some pumps as we are about to prepare for the next halving. Thus, the price of Bitcoin reaching $10k is out of my radar, I predict this will reach $30k.
I'm very optimistic about next year as we are done and tested by these FUDs already this year. I think it was enough for the bear season, people had suffered so much and next year will be the time to reward holders.

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