Bitcoin Price Predicted to Hit $100K by 2024, According to Mike Novogratz

Michael Novogratz, CEO of Galaxy Digital, remains bullish on Bitcoin, predicting it will reach $100,000 by the end of 2024. He cites several positive factors, including regulatory tailwinds and increased institutional adoption. Novogratz believes that breaking the $73,000 resistance level will be a crucial step towards this target. He also highlights the importance of further regulatory clarity and involvement from traditional financial institutions as potential catalysts for further price increases.