April 30, 2024

Mike Novogratz announced the possibility of abandoning bitcoin

Galaxy Digital founder Mike Novogratz again expressed a bullish forecast regarding the price of Bitcoin and calleda condition under which he is ready to say goodbye to the leading cryptocurrency.

</p>

The cryptocurrency bank CEO said Bitcoin should double in price over the next six months. By the end of the year, BTC quotes, in his opinion, will test their historic maximum of $ 20,000.

If this does not happen, the billionaire is ready to abandon “digital gold”.

&#171;This is the year of Bitcoin, and if it doesn't rise by the end of it, I might just hang up my spurs&#187;,- he said.

Earlier, Novogratz expected that the first cryptocurrency would firmly consolidate at $ 20,000 before the summer, indicating the upcoming halving.

Recall CEO Galaxy Digital called the currentThe situation in the financial market is favorable for bitcoin, and the recent collapse in prices in synchronism with traditional markets was explained by the panic sale of the asset by marginal traders.