Mike Novogratz states that the price of Bitcoin shall reach $10k by April of next year. – Bitcoints

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Published on October 11th, 2017 | by bitcoin

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Mike Novogratz states that the price of Bitcoin shall reach $10k by April of next year.

Investor turned crypto hedge fund mogul Mike Novogratz has predicted Bitcoin will balloon to $10,000 in just six months.
Speaking on CNBC Wednesday, Novogratz, who is publicly bullish on Bitcoin and is starting a dedicated $500 million hedge fund, said he could “see the herd coming.”
“I’m pretty confident to say it’s going higher,” he told host [] on the network’s Fast Money segment.
“…It would not surprise if in the next six to 10 months we’re over $10,000.”

Hedge fund legend Mike Novogratz betting it all on bitcoin from CNBC.
Asked whether he thought Bitcoin was therefore a bubble, Novogratz said the “Blockchain revolution,” like railways and the Internet, would “change the way we live.”
“Yes, it’s a bubble, it’s going to be one of the great manias of all time,” he continued.
Showing increasing resilience to political maneuvering, Bitcoin has managed to shake off wider-reaching moves by China, which saw an exchange ban and a halt on ICO operations in the country.

Source: Cointelegraph.com



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