Michael Novogratz, former Wall-Street hedge fund manager and CEO of Galaxy Digital, is no stranger to bitcoin price prediction. He believes that BTC ‘should’ reclaim its previous $20,000 all-time in next 18 months. 

Bitcoin to $20,000 in 18 Months

Bitcoin price 00 managed to reclaim the level of $6,000 for the first time in 6 months. Naturally, the cryptocurrency’s latest spike triggered quite a bit of interest from various industry proponents.

Among them, Mike Novogratz has once again spoken up, saying that Bitcoin at $6,000 “probably is a stall point.”

I think $6,000 probably is a stall point.We take out $6,000, the next one is $10,000. Would I be happy if we end the year at $10,000? Certainly I would.

However, the former Goldman Sachs investment banker also said that “probably we should go back to the old highs sometime in the next 18 months which is $20,000.”

Not Like The Last Time

Novogratz adds that the next bull run won’t be like the previous one we saw in 2017. He said that we won’t see “all the…

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Source: https://thebitcoinnews.com/we-are-in-a-bull-market-novogratz-says-bitcoin-price-should-be-20k-by-2021/