What is it with billionaires and Bitcoin predictions? 2018 has been filled with predictions, revisions, and retractions. Here’s another one from Mike Novogratz.
In a recent chat with Financial News, Bitcoin bull and Galaxy Digital CEO Mike Novogratz said he believes Bitcoin (BTC) 00 will shake off its current malaise. Novogratz also predicts return to $20,000 next year as institutional investors and crypto custodial service providers re-invigorate interest in cryptocurrency. According to Novogratz, “Bitcoin has to take out $6,800, and after that, we could end the year at $8,800 — $9,000.”