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Novogratz Believes Bitcoin Will Move “Significantly Higher”

The Wall Street giant Mike Novogratz has once again spoken his mind on the leading cryptocurrency predicting that Bitcoin will move significantly higher over the course of 2019.

Novogratz is a well-known name in the cryptocurrency space for his wild speculations on the market and on Bitcoin. Novogratz is an ex-hedge fund manager, formerly of the investment firm Fortress Investment Group. He is most known for being the CEO of the crypto bank Galaxy Digital.

Novogratz has recently weighed in on the current state of the cryptocurrency market saying that Bitcoin is grinding along at the bottom but the price has the potential to move significantly higher.

Even though there was a lot of carnage in 2018, Novogratz claims that the recovery is underway because of the transition from retail to institutions. A good example is Yale’s, David Swensen who is one of the most inspirational endowment fund managers around the globe who invested in crypto funds back in November. Meanwhile,…

Read Full Story : Crypto Daily™

2019-02-13 11:00:00

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