Galaxy Digital CEO Mike Novograz believes that Bitcoin will be able to beat its own price record of $ 19,700 over the next year and a half.
Bitcoin bull michigan trio over $ 18,000 https://t.co/3yCgRRIk0K
– CNN Business (@CNNBusiness) May 9, 2019
Novograc is sure that the main cryptocurrency is recovering from the price drop in 2018 and is preparing for another bullish stage.
Currently, Bitcoin is trading above $ 6,000
During the SALT conference in Las Vegas, the former head of the hedge fund predicted that the price of bitcoin will triple over the next 18 months.
Despite the fact that the market continues to experience positive sentiment, the expert believes that the market should inevitably collapse due to certain changes in regulation or a loud catastrophic event, followed by growth.