Crypto advocate Mike Novogratz said there’s a good chance of Bitcoin returning to $30,000 by the end of next month — a far cry from the $500,000 he once predicted for the digital currency, but still almost 25% above its current price.
“When I look at the price action, when I look at the excitement of the customers calling, the FOMO building up, it wouldn’t surprise me if we were at $30,000 by the end of the quarter,” the chief executive officer and founder of Galaxy Digital Holdings Ltd. said at a Bank of America Corp. conference Wednesday. “And I would’ve given both my shoes for that to be true just six weeks ago. Like if we end the year $30,000, I will be the happiest guy.”
