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Mike Novogratz: In 2020, the Bitcoin exchange rate will end above the $ 12,000 mark

An active supporter of bitcoin, Mike Novogratz, this time takes a more cautious approach to the question of forecasting the rate of bitcoin for next year.

On Twitter, a former Wall Street hedge fund manager and founder of Galaxy Digital shared his 2020 expectations not only in the context of the cryptocurrency market, but in general. Novogratz predicts that next year Bitcoin will finish above the $ 12,000 mark, without specifying how high the cryptocurrency can rise.

At the same time, the convinced “bull” Novograts noticeably moderated his expectations from digital assets. In July 2019, when bitcoin was trading at an annual maximum of about $ 14,000, a well-known investor said that cryptocurrency has every chance to rise to $ 20,000. Then he said that the price would not fall below $ 8,500, and again made a mistake.

Among other predictions, Novogratz mentioned that Donald Trump will lose in the 2020 presidential election, losing more than 10 million votes, and Tom Hanks will receive an Oscar for his role in the film “A Beautiful Day Next Door”.