Billionaire, a former Wall Street banker and Bitcoin enthusiast Mike Novogratz has recently become much less likely to appear in public and make predictions about the course of Bitcoin. However, he recently expressed the opinion that Cryptocurrency growth will have to wait a few more months.
“I understood that I didn’t tweet about cryptocurrency for a long time. They are harvesting now, and I do not think we will go north for a few more months. Institutions always need a lot of time to start moving, but I’m sure they will start it. Giant amount of activity from the inside. Do not leave the course, ”Novograts wrote on his Twitter.
The statement of the founder of the cryptocurrency bank Galaxy Digital is true – the Bakkt platform is still being developed, the US Securities and Exchange Commission has not yet approved the application for Bitcoin ETF filed by VanEck and SolidX, and the Fidelity cryptocurrency solution is just completing testing.
Still, Novograc is confident that large investors from Wall Street, world banks and the richest people in the world will start coming to the cryptocurrency industry. Moreover, according to the former partner of Goldman Sachs, many processes are now under way “under the hood” of the industry.
Earlier, Mike Novograz noted that Bitcoin is unlikely to fall even lower. In his opinion, in the foreseeable future, the rate of the first cryptocurrency is likely to fluctuate between $ 3,000 and $ 6,000.
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