Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts
Last upgraded: March 13, 2024 18:33 EDT|1 minutes checked out
Source: Midjourney
Galaxy Digital CEO Mike Novogratz believes Bitcoin is permanently beyond $55,000 after splitting beyond $73,500 on Tuesday."Things are frothy, financing rates high. In times like this you need to be prepared for a correction," Novogratz informed CNBC on Wednesday. "I do not believe we'll return listed below fifty thousand, fifty-five thousand."Mike Novogratz On Bitcoin ETFs
In Novogratz' view, Bitcoin's rate will likely keep increase as long as inflows to the recently introduced U.S. Bitcoin area ETFs stay strong.Considering that launch, funds released by BlackRock, Fidelity,...