Mike Novogratz’s Bottom Region Price Prediction For Bitcoin and Ether Comes Into Play

Mike Novogratz’s Bottom Region Price Prediction For Bitcoin and Ether Comes Into Play
ôîòî ïîêàçàíî ñ : zycrypto.com

2022-6-18 14:20

Mike Novogratz, CEO, and founder of Galaxy Digital Holdings Ltd. speaking at the Morgan Stanley Conference predicted a bottom region for two of the world’s leading cryptocurrencies, Bitcoin and Ethereum.

Stocks Must Further Decline By 15-20% To Face Same Fate as Bitcoin And Crypto

The crypto market and stock market share a few similarities, majorly that of uncertainty; and on Monday, both classes of assets were rocked, creating the possibility of a recession in the United States. Crypto has suffered a worse fate than stock though, since last December.

Novogratz believes Bitcoin’s decline to just around $19,412 and Ethereum’s current trading price of $1,012, which represents a 17% and 21% loss in value respectively, isn’t a good sign. He even favors the stock market over the crypto market based on the present state of things.

Despite his prediction, he still maintains full optimism and expects a turnaround in crypto’s fortunes. Oddly enough, he’s advised continuous investment as he joins a growing list of analysts seeking to leverage the market crash, with his company, open to hiring new investors.

Monday Pulls Off Sorrowful Checkmate On Investors

The high level of volatility and uncertainty in the world of crypto and stocks has led to a rising bloodline of suspicious individuals, known professionally as investors. While the crypto market isn’t necessarily a game or gamble, it combines their attributes.

Almost like in every game, the crypto market, and even the stock market are made up of players who have an aim of winning. There is a chance of winning, losing, and a few times, a tie (or draw) in a game but not in gambling.

Gambling is drawn on the chances of a win or loss. The crypto market could best be pictured as a coin toss – pun intended – in which there are just two outcomes: heads and tail; only this time, coins are virtual assets.

After a long period of fair runs which lasted until last November, the coin sadly flipped on its head and a long run of a tail began. On Monday however, the game flowed into a large pool of tears.

The prices of Bitcoin and Ethereum hit their year’s lowest, breaking below their level of support. There are growing concerns over the future of the two digital assets but optimists remain hopeful.

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mike bitcoin novogratz bottom region conference predicted

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mike bitcoin → Ðåçóëüòàòîâ: 126


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Litecoin Just a ‘Glorified Testnet of BTC?’ Charlie Lee Won’t Take It Lying Down, Fires Back at Novogratz

There is a mini-Twitter war brewing between Litecoin creator Charlie Lee and Mike Novogratz, Bitcoin bull and founder of the crypto merchant bank, Galaxy Digital. The war of words may not be as intense as, say, the one between Justin Sun and Vitalik Buterin, but the topic at the heart of the debate is contentious […] Litecoin Just a ‘Glorified Testnet of BTC?’ Charlie Lee Won’t Take It Lying Down, Fires Back at Novogratz was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-4-5 15:59


Ôîòî:

Novogratz Is Bullish on Bitcoin Overtaking Gold As a Store of Value, but Admits It Will Take Time

Founder and CEO at Galaxy Digital, Mike Novogratz, appeared in a one-on-one session with Morgan Creek Digital Assets founding-partner Anthony Pompliano last week. Of course, it didn’t take long before the conversation zeroed in on the current state of the crypto space as both industry heavyweights discussed what could be in store for the decentralized […] Novogratz Is Bullish on Bitcoin Overtaking Gold As a Store of Value, but Admits It Will Take Time was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-3-25 16:59


Twitter/Square CEO Jack Dorsey is Hiring Crypto Engineers – to Serve Him or the Bitcoin Ecosystem?

Square’s CEO Jack Dorsey has announced that the payments startup’s ‘small way to give back’ to the cryptocurrency ecosystem is to hire up to four full-time crypto engineers and one designer. #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem.

2019-3-21 16:31


Facebook’s Cryptocurrency is a YawnCoin, Not A ‘Blow to Bitcoin’

As Mark Zuckerberg outlines his vision for Facebook as a trusted digital brand for secure and private messages and payments between users, Billy Bambrough writes at Forbes: “Blow To Bitcoin As Mark Zuckerberg Warns Facebook Payments Are Coming “Bitcoin, which has recently attracted the attention of some of the world’s biggest technology entrepreneurs, is likely to soon get a major competitor: Mark Zuckerberg’s social networking giant Facebook.

2019-3-10 20:27


Ôîòî:

Bitcoin Price ‘Hit Equilibrium,’ Says Mike Novogratz

The Bitcoin price is “grinding along” at the bottom of its range but could easily hit $8000 by the end of the year, Galaxy Digital CEO Mike Novogratz said as sentiment picks up. Novogratz: $3400 – $3600 Is ‘Equilibrium’ Speaking to Bloomberg at a conference in Abu Dhabi February 13, Novogratz reiterated his continued faith in Bitcoin’s forthcoming return to form, along with its supremacy over other cryptocurrencies.

2019-2-15 23:00


Galaxy Digital’s Novogratz: Bitcoin Is “Going To Be Digital Gold”, Talks Sovereignty And Periodic Table Elements

Galaxy Digital Founder Believes That Bitcoin Is “Going To Be Digital Gold” Mike Novogratz is known for his former work on Wall Street with Goldman Sachs, but he has since made a name for himself in the cryptocurrency industry with the crypto merchant bank Galaxy Digital. Recently, he sat down with Bloomberg TV for an […]

2019-2-13 21:24


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