April 27, 2024

Mike Novogratz: BTC will trade above $ 12,000 in 2020

Mike Novogratz: BTC will trade above $ 12,000 in 2020

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.

Mike Novogratz: BTC will trade above $ 12,000 in 2020

The founder of Galaxy Digital is known for his bullish forecasts. Previously, he predicted an increase in the price of BTC to $20,000 “in the third-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 regarding the value of BTC and its market dominance for 2020. According to BitMEX Research, Bitcoin will trade in the $2,000 range next year – $15000.

Based on materialscointelegraph.com