Mike Novogratz Predicts a 1,100 % Improve in Bitcoin (BTC)

Mike Novogratz, CEO of Galaxy Digital, believes Bitcoin (BTC) will enhance tenfold over the subsequent half-decade.

In a brand new Bloomberg interview, Novogratz predicts that Bitcoin’s value could fluctuate for the rest of the yr however will attain a six-figure stage in 5 years because the flagship cryptocurrency’s utilization expands.

“I predicted that Bitcoin will commerce between $30,000 and $50,000 this yr, with a threat to the upside quite than the draw back.” However I imagine that if Bitcoin isn’t at $500,000 in 5 years, I’m mistaken concerning the adoption cycle.”