The leading cryptocurrency recently Bitcoin (BTC) Famous billionaire Mike Novogratz, who stated that he has a target of $ 500,000 for, He spoke to Bloomberg TV.
Mike Novogratz, CEO of cryptocurrency company Galaxy Digital, bitcoinNoting that there has been no institutional capital inflow to .
“Will Bitcoin surpass $30,000 this bullish? We’ll see, but I doubt it. I think we’ll probably be in that range now.
Frankly, I would be happy if we were in the $20,000, $22,000, or $30,000 range for a while longer.
Because, to be fair, we don’t see major institutional flows, but we don’t see anyone backing down either.”
In this context, Novogratz BTCHe also does not think that the price of .
Biggest cryptocurrency after BTC Ethereum (ETH) The famous billionaire, who also talked about, expects ETH to reach $2,200 or higher considering the recent market recovery and the Merge upgrade.
Stating that he does not expect a big bull in 2022, Novogratz said:
“I don’t expect a mega bull rally due to the Fed’s tightening in monetary policy and hikes in interest rates.
I don’t see the frenzy we saw in 2021 or 2017 flare up again.”
Mike Novogratz, who continues his rise in Bitcoin in the long term, said in an interview in July. BTCHe said that the .
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