๐ Mike Novogratz: "The Fed's Printing Press" and the return $BTC to $100,000
Founder of Galaxy Digital Mike Novogratz shared a strategic forecast. Despite the current stagnation, he sees global prospects for the crypto market.
๐ฐ Money will return to the system
The main driver $BTC is not news, but liquidity. The Fed may lower the rate to 2.5% and inject trillions of dollars into the economy. This could fuel new growth.
๐ When to expect $100,000?
Currently, the $100k level is strong resistance. Many are going "to zero," so there will be no quick surge. The realistic timeframe for a return: from 6 weeks to 6 months.
๐ The market after the crash
After October 10, institutional volumes fell by 33%. The baseline scenario is a dull sideways movement. But there is a positive: the main wave of fixes from early holders has already ended. Panic in the $80,000โ$85,000 zone is not expected.
๐ What about altcoins?
Novogratz warns: most tokens are doomed. Only those projects where the token has a real economic role will survive.
๐ก Advice to investors:
The number one task is not to guess the peak, but simply to survive the cycle. Take profits in parts and never put all your capital on one card.