Digital currency billionaire, and Galaxy Digital CEO, Mike Novogratz, has made his 2020 Bitcoin prediction, as well as prediction relating to Trump’s 2020 election.
Novogratz said Bitcoin will finish around over $12,000, however, he did not say the exact point Bitcoin will reach by the end of 2020.
In his predictions, Novogratz said Donald J. Trump will lose 2020 election by over 10mm votes. He also said USA Wrestling will win 3 golds in Tokyo and actor Tom Hanks will win Oscar for Mr Rodgers.
Novogratz said REFORM Alliance, an organization reforming the criminal justice system, with its partners will help shrink the ‘supervised’ population from 4.5mm to 4mm or less than.
2020 prediction #1. @realDonaldTrump loses by more than 10mm votes. #2 $btc finishes over 12k. #3. @USAWrestling wins 3 golds in Tokyo (MF). #4 @tomhanks wins the Oscar for Mr Rodgers. #5 @reform and it’s partners help shrink the ‘supervised’ population from 4.5mm to 4mm or <
— Michael Novogratz (@novogratz) December 28, 2019
Novogratz’ predictions are coming as the year is ending. Earlier Ripple Inc. also made some cryptocurrency predictions, stating there will be more crypto adoption in 2020 among top 20 banks.
In his Bitcoin 2019 prediction, the CEO of Galaxy Digital had said Bitcoin will consolidate in the short term, dropping to $8,500, but the digital currency will reach its all-time high.
He said in an interview with Bloomberg:
“So we had a big move from $4,000 to almost $13,500. And I think we’re going to consolidate. I originally said $10,000 to $14,000 – $8,500 should be the low that holds. I’m hoping it doesn’t get down there, but if it does, it wouldn’t surprise me. And then I think, as these institutions that have gotten excited again, maybe towards the end of the year, hopefully sooner, we push out of that range and we go back to the old highs at $20,000.”