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Novogratz: Bitcoin Momentum to Slow, BTC May Trade Between $7000 and $10000

Novogratz: Bitcoin Momentum to Slow, BTC May Trade Between $7,000 and $10,000 – Ethereum World News

Mike Novogratz, the Wall Street veteran founder of crypto bank Galaxy Digital, expects for Bitcoin (BTC) to soon slow its swing to the upside after rallying over 130% year-to-date. According to Bloomberg, which cited a recent conference call to discuss Galaxy’s recent financial performance, the former Goldman Sachs partner claimed that Bitcoin is likely to consolidate between $7,000 to $10,000.