Mike Novogratz, CEO of Galaxy Digital, to Peter Schiff, CEO of Euro Pacific Capital with bitcoin price related challenge. Peter Schiff is extremely cryptocurrency The enemy is known as a name.
Mike Novogratz: “If Bitcoin Price Drops Below $35,000 A Year Later, I’ll Give You $1 Million!”
Mike Novogratz offered to donate 1 million dollars to charities if his prediction came true to Schiff, who claimed that the crypto money market would collapse and disappear by being a catastrophe.
@PeterSchiff I’ll bet $1mm to the charity of either of our choices that $BTC is higher than 35k a year from now. you on? https://t.co/ilQ5KJrHGP
— Mike Novogratz (@novogratz) January 22, 2022
However, Novogratz said that a year after this date, the price of Bitcoin will be above $ 35,000, and if he is mistaken, he will donate $ 1 million to a charity of his choice. Cryptocurrency nemesis Schiff has yet to respond to this bold proposal.
One of the most recognizable names in the cryptocurrency world. Mike Novogratz, a short time ago, stated that the Bitcoin price will find support at $ 38,000, but also stated that the market is still under pressure against the rising bond yields.
Not long after this prediction, the BTC price dropped to $34,000, the lowest level since July.
Last February, Novogratz claimed that the price of Bitcoin would surpass the $100,000 mark by 2021, but BTC started to give sharply bearish signals after surging to just $69,000 in early November.
With the Fed’s tighter measures against inflation, which started to get out of control in the USA, heavy losses were experienced in the crypto money world. At the time of this writing, Bitcoin price is trading at $ 35,800.