Novogratz: Bitcoin could approach $100K by year-end
- —Novogratz sees a near-term range of $80,000 to $100,000
- —He pegs the cycle bottom around $60,000
- —Forced selling pressure has largely played out, he said
- —A move to $100,000 requires clear US rules and easier monetary policy
Why it matters: A forecast from a major crypto firm CEO gives traders a reference point, though it does not shift market fundamentals on its own.
Source: Bits.media