Bitcoin bull Mike Novogratz, who once predicted it hitting $500K in 2024, would now be ‘the happiest guy’ if it ends the year at $30K

Mike Novogratz says he’d be happy if Bitcoin merely traded at $30,000 by the end of this year. Bitcoin lost nearly 65% of its value over 2022, ending the year at about $16,500.

Highlights

• Mike Novogratz, an early Bitcoin investor, said he’d be happy if Bitcoin merely traded at $30,000 by the end of the year.
• Bitcoin lost nearly 65% of its value over 2022, ending the year at about $16,500.
• He said at the time that Bitcoin’s price would soar once the Fed stepped back from raising interest rates.
• In April last year, he reiterated his prediction the cryptocurrency would hit $500,000, adding he also believed it would eventually reach $1 million.
• In January, he tweeted a photo of a new tattoo on his shoulder, showing a wolf howling at the moon, which later lost all its value.

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