Bitcoin (BTC) will reach $ 12,000 in 2020 as markets recover, one of the best-known investors said.
Mike Novogratz, Co-founder of Galaxy Digital, made in one Tweet on December 28, as part of his New Year’s forecasts, noted that “$ / btc rises above 12,000”
Novogratz bets against Trump and on BTC
As a long-time advocate of Bitcoin, the entrepreneur also believed that the U.S. President Donald Trump would lose the upcoming presidential election by at least 10 million votes.
Like Cointelegraph reported, Trump is a cryptocurrency critic who made public statements in July about the supposedly dubious nature of Bitcoin.
Novogratz added that if Trump won, he would redeem a bet he made with another Twitter user. The bet is an Ethereum (ETH) – equivalent to $ 130.
How bullish is too bullish?
Novogratz was inconsistent in the Bitcoin price forecasts for 2019. Throughout the year, he believed that the upward trend would continue.
In early May, when BTC / USD was trading at around $ 6,000, he said he could imagine the pair hitting the mark of a second in the following eighteen months $ 20,000 could exceed.
While the recent promise sounds a little less enthusiastic, Novogratz isn’t the only one who expects major changes to take place in the market next year.
Like Cointelegraph reportedVarious factors now indicate that Bitcoin has already started an upward movement – even if the prices are still around $ 7,000.
Others, meanwhile, refused to stop at $ 12,000 year-end. In early December, the infamous Bitcoin bull had John McAfee again claims that Bitcoin will have a value of 2021 $ 1 million will have.
In an ironic twist, McAfee added that he would stop spending so much time promoting cryptocurrencies to run alongside Trump as president – even though he claimed he had no chance of winning.
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