Billionaire Mike Novogratz Still Believes Bitcoin Will Reach $500,000

Billionaire Mike Novogratz Still Believes Bitcoin Will Reach $500,000

The former Goldman Sachs banker is a bitcoin evangelist, who believes the future belongs to the most popular cryptocurrency.

ike Novogratz believes in it.

The billionaire is convinced that bitcoin will experience a new Golden Age soon. There is no doubt for him.

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Once the Federal Reserve takes a break from its monetary tightening, bitcoin will resume its march forward, according to Novogratz, whose company Galaxy Digital invests heavily in digital currencies and the crypto sphere in general.

As the economy slows down and the Fed steps back, “bitcoin goes to the moon,” Novogratz said at the “Bitcoin 2022” conference in Miami, which kicked off on Wednesday, according to Bloomberg.

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