Novogratz: “I hope the bitcoin reaches US$ 20,000 in 18 months”
The president of Galaxy Digital praised the good moment that the cryptocurrency is having, although he said that the growth "will not be so fast"
The CEO of the company Galaxy Digital, Michael Novogratz expects that in a period of 18 months the bitcoin cryptocurrency will reach 20,000 dollars.
The cryptocurrency lover gave his projections regarding the predictions that revolve around the bitcoin, noting that although it has had a good recovery this year, it “will not rise so fast”.
“The other currencies –ethereum is the next largest, ripple- they have to prove the use case, right?”, commented Novogratz.
The president of Galaxy Digital does not believe that bitcoin returns to its minimum prices, unless a devastated robbery happened in a cryptocurrency exchange, or else a sudden and drastic change in regulation occurs. For him, “something like this would be needed to destroy this new confidence.”
The entrepreneur also spoke about the concern that the community should show regarding the risk of hacking, such as the one that recently happened to the Binance exchange, indicating that they should “be somewhat worried.”
K. Tovar
Source: Coincrispy
