Bitcoin could ‘undoubtedly reach $40,000 before the end of 2018, support investments legend Novogratz says

in #bitcoin7 years ago

Bitcoin could ‘undoubtedly reach $40,000 before the end of 2018, support investments legend Novogratz says

Former Fortress hedge fund manager Michael Novogratz said Monday that bitcoin can increase more than four times in generally the following 13 months.

“Bitcoin could be at $40,000 toward the finish of 2018. It effectively could,” Michael Novogratz said on Monday “Fast Money.” “Ethereum, which I think simply touched $500 or is drawing near, could be triple where it is also.”

Bitcoin was exchanging close $9,656 late Monday evening, in the wake of hitting a record high above $9,700 prior in the day, as per CoinDesk. Ethereum hit a record high of $493.40 Monday, as indicated by Coindelite, and last exchanged close $482.

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