🔮Galaxy Digital CEO Mike Novogratz predicts a snooze fest for Bitcoin's price until a new market narrative emerges.

📉He reckons BTC will bob between $55k-$75k until the next big market event.

💡Novogratz believes Bitcoin always needs a story. It's either the macro or adoption.

🏦He sees the Fed and regulators as key players. Until macroeconomic data shifts and inflation cools down, Bitcoin's on pause.

🎉Q1's 50% BTC surge was fueled by the launch of Bitcoin spot ETFs. But Q2 saw net outflows.

🗳️Novogratz doesn't expect regulatory clarity for crypto until after the U.S. federal election this fall.

👥Crypto remains a partisan issue in the U.S., with Dems favoring stricter industry regulations and Reps pushing for a more welcoming approach.

🗣️What do you think will be the next big narrative for Bitcoin? Share your thoughts below! #Bitcoin #CryptoNews #MarketPredictions