Novogratz: Rubbishes Bitcoin Bubble, $40,000 In December 2018
Novogratz: Rubbishes Bitcoin Bubble, $40,000 In December 2018
Hedge fund legend Mike Novogratz doesn’t agree with ‘Bitcoin bubble’ rhetoric.
Read more: cointelegraph.com
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Bitcoin could 'easily' reach $40000 by the end of 2018, hedge fund legend Novogratz says
Former Fortress hedge fund manager Michael Novogratz says bitcoin can multiply more than four times in roughly the next 13 months.
Read more: www.cnbc.com
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It wouldn't surprise me in the least. Bitcoin has become a brand name that, for the time being, appears invincible to downward pressure. If enough outside interests with enough capital "bum's rush" Bitcoin, we might see even John MacAfee's predictions come true.
On the other hand, even the largest whales need to come up for air from time to time.