Bitcoin Price Slingshot Will Follow Bitter Struggle Near $6,000: Mike Novogratz

2019-5-9 14:05

By CCN: After hitting a new 2017-high, bitcoin price could struggle around $6,000 before moving higher, according to Mike Novogratz. The billionaire chief executive officer of Galaxy Investment Partners LLC said bitcoin was the only store of value while the rest of the cryptocurrencies still had to prove their particular use-cases.

That gave bitcoin a certain edge over the market which, upon testing a technical barrier at $6,000, could explode towards higher upside targets. “Bitcoin is worth $100 billion,” Novogratz told Bloomberg. “It’s the social construct that made it worth $100 billion. It’s pretty fu**ing cool – like a self-fulfilling

The post Bitcoin Price Slingshot Will Follow Bitter Struggle Near $6,000: Mike Novogratz appeared first on CCN

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Bitcoin Shake-Up: Galaxy CEO Novogratz Warns Of $55,000 BTC Drop – Here’s Why

With its recent surge above the $64,000 mark, Bitcoin has again proven its attractiveness to a broad spectrum of investors. Amid this bullish momentum, Michael Novogratz, the CEO of Galaxy Digital Holdings, has shared his insights, suggesting a possible short-term correction that could see Bitcoin’s value adjust to the mid-$50,000 range. This forecast comes when […]

2024-3-3 02:00


Bitcoin is in a ‘Consolidation Zone,’ We’ll Move to $14,000 Once BTC Gets Above $10k: Mike Novogratz

Bitcoin is about system change, said Mike Novogratz, CEO of Galaxy Digital, in his latest interview with Barron’s Carleton English. While talking about the catalysts that could propel the price of Bitcoin higher, he shared how a revolution is going on between black lives matter and people looking for economic injustice, and COVID-19 pandemic has […]

2020-7-11 15:40


Ôîòî:

Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz

Bitcoin (BTC) may not have pumped at the scale expected by many halving optimists, but Wall Street billionaire Michael Novogratz insists that the price will hit $20,000 by year-end. The Galaxy Digital founder and chief executive officer on Monday told CNBC that bitcoin’s surge was inevitable in light of the record money printing by world […] The post Halving Sell-Off Temporary, BTC to Hit $20,000 by Year End, Says Billionaire Investor Novogratz appeared first on Bitcoin News.

2020-5-13 01:05


Ôîòî:

Stock Rebound is Trap, Go Bitcoin Instead: Galaxy Digital CEO

Billionaire Michael Novogratz said that the recent rebound in stocks might lead to another decline soon. Instead, he is confident in Bitcoin and gold. Bitcoin Will Be Among Ideal Safe-Havens Novogratz, CEO of crypto merchant bank Galaxy Digital, told CNBC’s “Squawk on the Street” that investors shouldn’t be misled by the recent spike in stock prices.

2020-4-8 23:26


Galaxy Digital’s Novogratz Remains Bullish as Ever on BTC: “This is the Time for Bitcoin”

The price of Bitcoin has surged 74% from the low the digital currency put on March 12. However, we are still down 36% from 2020 high of about $10,500. But according to billionaire investor Mike Novogratz instead of panicking, this should be taken as a buy the dip opportunity. In a recent interview with CNBC, the […]

2020-3-26 23:05


Ôîòî:

Ìíåíèå: ïðîáëåìû ìèðîâîé ýêîíîìèêè ïîäòîëêíóò bitcoin ê ðîñòó

Ãëàâà êðèïòîâàëþòíîãî áàíêà Galaxy Digital Ìàéê Íîâîãðàö ñ÷èòàåò, ÷òî àêòèâíûé ðîñò bitcoin ïðîäîëæèòñÿ. Ïî ìíåíèþ ñïåöèàëèñòà, ïîçèòèâíîå äâèæåíèå êóðñà àêòèâà îáúÿñíÿåòñÿ íþàíñàìè ìàêðîýêîíîìè÷åñêîãî è ãåîïîëèòè÷åñêîãî ïîëîæåíèÿ.

2019-8-6 09:33


Unbreakable: Mike Novogratz Remains a Bitcoin Bull in a Bleeding Market

Currently, when crypto believers generalize every Wall Street banker to be a Bitcoin critic, a celebrated hedge fund manager and former Goldman Sachs executive changed his perception. Mike Novogratz is a now a name beyond the mainstream finance, and perhaps among the only consistent voices speaking in favor of bitcoin even after its 80 percent-plus.

2018-12-12 16:00


Ôîòî:

Bottom Officially In? Mike Novogratz Says Bitcoin Market Has Hit ‘Seller Fatigue’

Investment mogul and Bitcoin bull Mike Novogratz has stated his belief cryptocurrency markets have reversed for good as BTC/USD hits $6630 September 21. Novogratz: Bitcoin Has ‘Established’ Store Of Value Status Speaking at the Yahoo Finance second annual ‘All Markets Summit’ in New York, Novogratz told the audience that crypto assets had officially hit “seller fatigue” and a long-awaited upswing was imminent.

2018-9-21 16:00


Ôîòî:

Nailed It? Cryptocurrency Chart Exactly Follows ‘Bottom’ Call By Mike Novogratz

Serial investor and Bitcoin bull Mike Novogratz perfectly called the “bottom” in cryptocurrency, data reveals as markets trend upwards September 14. Novogratz: September 12 Was ‘Low’ As Bitcoinist reported Thursday, cryptocurrency market indices hit 80 percent versus all-time highs this week, outperforming the dotcom boom implosion of the early 2000s for the first time.

2018-9-14 17:00


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Bitcoin A Tad Closer To $40,000 – Is $41K The Next Stop In A Few Days?

Maintaining its lofty position—the highest it has reached in the last 18 months—Bitcoin is once again on the edge of a potential price increase. With a notable 10% gain over the previous month and more than a doubling of its value over the same period last year, the markets valued Bitcoin (BTC) at over $38,600 on Friday morning.