M. Novogratz: bitcoin value exceeds $20 million in 2019

M. Novogratz, a former banker with wall Street and head of the Digital Galaxy, said that the current immobility of the rate of BTC will end in 2019 Such information was provided to the media.
M. Novogratz said that before moving to record heights, bitcoin needs to break above $ 6800. - a level that has long been acting as a key resistance level. The breakthrough of this mark should also be accompanied by an increase in trade volumes. According to M. Novogratz, end-of-year course of BTC is likely to be in the range of 8800 dollars. - $9,000.

This forecast sounds much more realistic than the earlier predictions of the investor, in which he predicted the overcoming of the mark of 10 thousand dollars. by the end of this year. Now M. Novogratz notes that crossing important psychological level of 5 digits should be expected in the 1 quarter of the new year, after which "we will be moving to new heights — 20 thousand dollars. and above."

CEO Galaxy Digital noted that the" fuel " for the new bull race will be the elimination of regulatory uncertainty and growing interest from institutional investors.