During a recent Unchained podcast, Mike Novogratz, founder and CEO of Galaxy DIgital, gave his assessmentBitcoin price movements.
Although many people thought that halving will be the main catalyst for the growth of the cryptocurrency market, at the moment its influence seems to be insignificant.
Novogratz suggested that the financial crisis andthe slow adoption of technology hampers the price growth of the first cryptocurrency. He acknowledged that the issue of mass adoption would remain relevant for a long time, but added that the price of $ 14,000 would be reached “unexpectedly”.
When bitcoin hits $ 10,000 or $ 10,200, it will fly up to $ 14,000 much faster than everyone expects.
Recall that earlier Novogratz stated that 2020 will be “the year of bitcoin”.
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