Bitcoin (BTC) Will Not Reach $30,000 In The Short Term According To Billionaire Mike Novogratz

Senior Wall Street trader and billionaire Novogratz says that it is unlikely that Bitcoin (BTC) will reach $30,000 anytime soon.

Recently, he has come to the fore with his comments about cryptocurrencies. Mike NovogratzIn a statement to Bloomberg TV on August 8, Bitcoin has recently to the level of 30 thousand dollars He claimed it was unlikely. Galaxy DigitalPresident of Novogratz expressed this thought, lack of significant corporate capital inflows It supports the idea that Bitcoin bulls will not be able to achieve dominance because of

In addition to this thesis, Novogratz emphasizes that Bitcoin buyers are not taking a step back and not expecting a bullish move does not mean that a major drop is imminent. Only in the short term, global economic recession continues and therefore a sudden rise suggests that it is unlikely.

Although he does not have a short-term rise expectation, the famous billionaire continues to believe that Bitcoin will come to very good points in the coming years. in the past weeks Bloomberg In an interview with your worst days are behind you expressed billionaire, within 5 years Bitcoin price 500 thousand dollars underlines that it is quite possible.

Bitcoin price is daily at the time of writing. 4%with a decrease of close to from 23 thousand 260 dollars traded in the markets.

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