Mark Mobius predicts bitcoin could crash 40% to $10,000 next year

[superadmin]

• Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC on Thursday.
  
• While Mobius expects bitcoin to hover around its current $17,000 level, the move to $10,000 could happen in 2023, he said.
  
• If Mobius’s $10,000 call materializes, it will add to a miserable few months for the cryptocurrency market which has seen more than $1.3 trillion wiped off of its value this year.
  

Bitcoin could crash to $10,000, a more than 40% plunge from current prices, veteran investor Mark Mobius told CNBC on Thursday.

The co-founder of Mobius Capital Partners, who correctly called the drop to $20,000 this year, said that bitcoin is “not far away” from $10,000 now that it has broken the technical support levels of $18,000 and $17,000.

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