Galaxy Digital chief expects bitcoin at $30,000 by end of March

Galaxy Digital chief expects bitcoin at $30,000 by end of March
Photo by Jonathan Borba / Unsplash

Michael Novogratz predicts that bitcoin will rise to $30,000 in the first quarter of 2023. The head of Galaxy Digital said this at yesterday's Bank of America conference.

"When I see the [bitcoin] price move, hear the excitement in the intonation of customers on the phone, and notice the FOMO buildup, I wouldn't be surprised if we're at $30,000 by the end of the quarter.

Just six weeks ago I was not prepared to make such predictions," he explained.