After Selling Bitcoin at $13k, Novogratz Thinks BTC Will Hit $20k

In an act of sacrilegious blasphemy (I’m kidding), Michael Novogratz cashed out a portion of his Bitcoin (BTC) holdings last week.

As reported by Blockonomi, the chief executive of crypto merchant bank Galaxy Digital did so at $13,000, prior to the $4,000 fall seen in the following days. At the time, he cited concerns that the market was getting too frothy, even quipping that Bitcoin had then gone parabolic.

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