Mobius Capital Partners co-founder Mark Mobius says leading crypto Bitcoin (BTC) has not reached its bottom yet after a prolonged downtrend.

“[As long as traders] are still talking about buying on dips that means there is a feeling of hope. That also means that we have not reached the bottom of a bear market.”

In May, Mobius predicted Bitcoin would eventually reach the $20,000 mark before slightly bouncing and continuing to decline all the way down to $10,000.

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