Mike Novogratz says he will quit Bitcoin (BTC) if it doesn’t rise to the all-time high of $ 20,000 this year.
Mike Novogratz, Galaxy Digital CEO, said that if his price does not reach new heights this year, he can give up Bitcoin (BTC). During his last interview with the famous name CNBC, he doubled his claim that the leading cryptocurrency should jump out in 2020.
Will It Be An Important Year For Bitcoin?
When Bitcoin faced an obstacle in March, Novogratz said that trust in almost everything has evaporated. However, he also claimed that 2020 could be an important and big year for Bitcoin. While central banks are causing huge monetary stimuli over something that looks like an economic recession, it’s hard to imagine a better environment for Bitcoin to weaken fiat currencies. For example, Peter Brandt believes that BTC would be in big trouble if it doesn’t recover now.
If the bull is not a rally, it can give up
Novogratz, known as one of the most important Bitcoin supporters, can finally give up if there is no bull rally this year. “If Bitcoin doesn’t rise by the end of the year, I will quit this job,” Novogratz said. In 2019, Novogratz had predicted that BTC could rise to $ 40,000 by the end of the year, but this forecast was extremely wrong.