Michael Novogratz, in his statement about Bitcoin, predicted that the price will not exceed $ 9,000 by the end of this year. Thinking that the Bitcoin price is too low to rise too high and that this price is not suitable for breaking a record, Michael Novogratz explained that the expectation of $ 9,000 at the end of the year continues to dominate. In his statement on Bitcoin price, Michael Novogratz, who recommended that investors adapt themselves to the $ 9,000 level in order not to be disappointed at the end of the year, explained that in this way, investors will be less upset about being sad in case of a negative process.
Why Bitcoin is $ 9,000. Can’t pass?
According to Michael Novogratz, it is not possible for Bitcoin price to exceed $ 9,000. However, when this question is asked to different analysts and investors, we can reach estimates that the year-end expectations are normally around $20,000, except for some absurd estimates. Since time and market data will determine which of these predictions will be true, it is not correct to make comments as “definitely pass, sure not pass”, and should be considered as statements that will mislead investors and lead to a negative process.