Mike Novogratz Predicts Bitcoin Will Reach $100,000 by End of 2024

Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ

Mike Novogratz predicts Bitcoin will reach $100,000 by end of 2024.

Bitcoin must surpass the $73,000 resistance level to gain momentum.

Regulatory developments and market dynamics will influence Bitcoin's future trajectory.

Galaxy Digital CEO Mike Novogratz stated that Bitcoin’s price will rise to $100,000 by the end of 2024.

The famous CEO’s statement shows his hope that Bitcoin (BTC) will end 2024 at a high value. In a recent interview with Bloomberg, Novogratz mentioned several factors leading to this optimism. Let’s look at his statements.

At the center of the famous CEO’s prediction is Bitcoin’s ability to surpass the $73,000 resistance level in the near term.


He argues that overcoming this threshold could trigger momentum pushing Bitcoin towards six-figure numbers.

This bullish outlook is supported by market psychology, suggesting that once Bitcoin establishes a strong foothold above $70,000, psychological factors could drive further gains.



Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ



Novogratz’s optimistic approach also comes with a warning. That is the inherent volatility of the cryptocurrency market. Despite promising indicators, unforeseen events or market corrections could alter Bitcoin’s trajectory.

Additionally, regulatory developments such as bills like FIT21, which aim to establish a regulatory framework for crypto assets in the US, remain important.

The bill proposes designating the Commodity Futures Trading Commission (CFTC) as the primary regulator for cryptocurrencies categorized as commodities, aiming to bring clarity to the market.

As of now, Bitcoin is trading around $70,935, indicating its proximity to the critical $73,000 target that Novogratz considers very important.



Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ




#BTC #EthereumETF #Bitcoin #Ethereum #BnbAth $BTC $ETH $BNB