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Mike Novogratz's Bitcoin Price Prediction: Here's What in Store For BTC Price

Bitcoin's Price Range Predicted to Hold Strong by Galaxy Digital CEO Crypto investors and enthusiasts have been eagerly awaiting news about the future of Bitcoin's price. According to Mike Novogratz, CEO of Galaxy Digital, the leading cryptocurrency is expected to remain within its current range of $55,000 and $75,000 for the near future. During Galaxy Digital's earnings call, Novogratz shared his insights on the current state of the crypto market. He mentioned that Bitcoin is currently in a “consolidation phase,” which means that it is stabilizing after a period of rapid growth. This phase typically occurs after a significant price surge, and it allows the market to catch its breath before the next potential jump. Novogratz also pointed out that the end of the quarter could bring about another surge in Bitcoin's price. This is a common trend in the crypto market, as investors and traders often make moves near the end of a financial quarter to prepare for the ne...