Bitcoin could hit $12,000 in the coming year as markets recover from fresh suppression, according to Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital.
Mike Novogratz made this prediction as part of his new year predictions in a tweet on Dec. 28. He also believed that Donald Trump would lose the upcoming presidential election by at least 10 million votes.
As a reminder, back in 2918, Mike Novogratz expressed confidence that Bitcoin will rise in price to $20,000 in 2019, as institutional investors such as Bakkt, Fidelity Digital Asset Services, had become interested in cryptocurrencies.
Mike Novogratz is considered to be a successful crypto investor, who is holding this line. However, sometimes he refuses his previous statements.