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The price of Bitcoin is about to EXPLODE. Because for the first time in history, Bitcoin is now accessible for everyone.
With the option to purchase Bitcoin ETFs, more and more individuals are discovering Bitcoin and are encouraged to own this revolutionary asset themselves. This surge in ownership is causing a frenzy in Bitcoin’s ecosystem, driving its price to parabolic levels.
In a recent interview, Galaxy Digital CEO Mike Novogratz has given us his insights into the cryptocurrency market, particularly focusing on Bitcoin’s recent explosive growth and the broader implications for investors.
Despite the current surge, Mike Novogratz anticipates a short-term correction in the Bitcoin market due to excessive speculation and overvaluation. However, this correction is not bound to last and can actually be a good opportunity for investors, as Mike Novogratz believes that Bitcoin can only correct up to around 50,000 dollars before it takes off to newer and newer highs. When this correction happens, it may just be the best time to buy Bitcoin.
Mike Novogratz also shares more expert predictions, including insights into the speculated Ethereum ETF, and the overall power and performance of cryptocurrency in the long-run.
Make sure to stick around to the end of the video where Mike Novogratz shares what he believes is going to be the next big thing in crypto this 2024.
About Mike Novogratz:
Michael Edward Novogratz is an American investor, formerly of the investment firm Fortress Investment Group. He is currently CEO of Galaxy Investment Partners which focuses on investments in cryptocurrency.
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#Ethereum #Bitcoin #BlackRock
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