Michael Novogratz predicts Bitcoin price
Michael Novogratz, one of the leading digital currency traders, reiterated that he expects no big moves in Bitcoin prices unless institutional investors enter.
Novogratz is pointing to the first half of next year as a result of institutional investors entering the Bitcoin market.
“What you’ve learned in this process takes a little longer than you’d expect,” Novogratz said in an interview with Bloomberg Television.
Novogratz, Bitcoin-related price estimate “I do not expect to break the 10 thousand dollars by the end of the year.” He said.