Odaily Planet Daily News Galaxy Digital founder and CEO Michael Novogratz stated that Bitcoin is expected to break the much-watched $100,000 mark in a strong rebound after the US elections, but this does not mean it will continue to rise. Although reaching six figures for Bitcoin is 'inevitable' and it may continue to rise, a correction will eventually come. Currently, there is a lot of leverage in the cryptocurrency market, and the crypto community is highly leveraged, so a market correction is imminent. Additionally, Michael Novogratz warned that stocks like MicroStrategy, which trade similarly to Bitcoin leveraged trading, may face larger adjustments. (CNBC)