According to a well-known investor, in 2020 sellers' pressure will decrease, and the price of bitcoin (BTC) will exceed $ 12,000.
Novogratz tweeted that by the end2020, the price of BTC will be more than $ 12,000. In addition, the investor said that Donald Trump will lose the presidential election with a margin of at least 10 million votes.
Galaxy Digital founder is known for his bullish predictions. Previously, he predicted a BTC price increase to $ 20,000 “in the third or fourth quarter of 2019.”
In addition, shortly after this, Novogratz announced that the price of bitcoin will never fall below the $ 5,000 mark.
As previously reported, researchThe BitMEX exchange division also published predictions about the cost of BTC and its dominance in the market for 2020. According to BitMEX Research, next year Bitcoin will trade between $ 2,000 - $ 15,000.
According to the materials cointelegraph.com