Galaxy Digital CEO sees Bitcoin reaching $100,000 by year-end

  • Mike Novogratz maintained his bullish outlook for Bitcoin during an All Things Markets discussion.
  • Bitcoin could reach $100,000 before the end of the year, Novogratz said.
  • Bitcoin is trading around an important technical area as traders debate its next direction.

Galaxy Digital CEO Mike Novogratz maintained his bullish Bitcoin outlook, saying the cryptocurrency’s chart remains constructive and that a move to $100,000 before the end of the year would not surprise him. Bitcoin is trading around an important technical area, with traders divided over whether it is preparing for another major advance or a longer period of consolidation.

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