BITCOIN TO END YEAR AT $100,000 “OR EVEN HIGHER” - HERE’S WHY…
- Mike Novogratz, the CEO of Galaxy Digital, expressed an optimistic outlook on #Bitcoin in a recent interview with Bloomberg TV.
“If we reach $73,000 within the next week or so, we’ll end the year at $100,000, or even higher,” said Novogratz.
- The CEO cited the US regulatory environment as a key reason for his optimism. Specifically, he mentioned…
- The recent approval of spot #Ethereum ETFs by the SEC.
- Bipartisan support for the pro-crypto FIT121 bill.
- The repeal of the SEC’s controversial SAB121 rule (despite Biden's veto undermining Congress).
“We’re getting regulatory clarity, even though it’s not perfect.”
- However, Novogratz’s crypto predictions have not always been accurate in the past.
- The Galaxy CEO famously got a Terra/Luna tattoo before the ecosystem's collapse in May 2022.