The Galaxy Digital CEO Michael Novogratz gave a price prediction for Bitcoin (BTC). He told U.K. business publication Financial News that the leading cryptocurrency could hit “$20,000 or more” in 2019.
Speaking to the publication, Novogratz, who is well known for his optimistic outlook for Bitcoin prices, forecast BTC/USD to end this year at around $8,900.
Also Read: The Value Of Bitcoin Drops Below $8,500
Novogratz had previously made similar predictions last month for institutional interest and a December 2018 Bitcoin price not higher than $9,000.
Lets wait and see if his predictions will come through.