Novogratz: “The Rally Has Just Begun – Don Not Miss the Bus”
Mike Novogratz, a financial hedge fund manager, says that the Bitcoin rally is just starting and investors must hurry to not miss the bus. According to Novogratz, these days may be the last days to think about the opportunity…
The famous name said on Twitter today, “It is an exciting day for Bitcoin. I would like to point out that we are not even at the higher levels of the year. This rally is just beginning. Do not miss the bus. ”
Exciting Day of Bitcoin
Billionaire hedge fund manager Paul Tudor Jones announced to the public that he was investing in Bitcoin on 7 May. Thereupon, the price of the leading cryptocurrency reached up to $ 9,800. However, Bitcoin saw $ 10,074 on the Bitstamp stock exchange. Thus, the level of $ 10,000 was exceeded for the first time after 24 February.
On the other hand, one of the market’s most important analysts, Josh Rager, stated that the bulls do not have to worry unless Bitcoin falls below $ 9,150.
In addition, Novogratz stated that Bitcoin has not yet reached the highest level of 2020, $ 10,500. According to the statements, this may be expanding the area of the bull market.
“I Will Not Sell My Bitcoins”
He also says that this time he will not sell Bitcoins at $ 12,000 this time as Novogratz expects higher levels to be seen. According to Novogratz, current market conditions and increasing adoption rates can raise the price to high levels.
In addition, the famous name that supports Bitcoin even after the fall in March stated that all the indicators started to turn in favor of Bitcoin at the time. Novogratz also called on his followers to buy gold and Bitcoin.