Topic: After ‘Taking out’ $6,800, Bitcoin Will Hit ‘New Highs’ In 2019, Says Galaxy Dig - page 2. (Read 348 times)
November 07, 2018, 11:24:15 AM
There is stubborn resistance levels just below 7k which is keeping the price stable. For btc to rise it needs to break down those sell walls. After bakkt this will be easily achievable, and even more with etf approvals
November 07, 2018, 11:21:49 AM
There are so many predictions by a lot of different people. I think your best bet is to take the average of all the predictions. Nobody knows accurately what the price will be. I just think once the price starts climbing the media will shoot it to the moon...
November 07, 2018, 11:16:58 AM
Galaxy Digital CEO Michael Novogratz delivered a fresh bullish price prediction for Bitcoin (BTC) Nov. 5. Novogratz told U.K. business publication Financial News that the leading cryptocurrency could hit highs of “$20,000 or more” in 2019. Speaking to the publication, Novogratz, who is well known for his optimistic outlook for Bitcoin prices, forecast BTC/USD to end this year at around $8,900.
“Bitcoin has to take out $6,800, and after that we could end the year at $8,800-9,000,” he said.
“Bitcoin has to take out $6,800, and after that we could end the year at $8,800-9,000,” he said.
As him to sign a contract with you if btc does not meet his price prediction, he owes you $1000000 .
The you can watch him back pedal.
He won't put his money behind his words.
November 07, 2018, 10:55:53 AM
I don't really look into to many of what people say about the future prices, I rather look at what the market does & how the charts develop.
However this prediction isn't totally crazy saying that BTC will hit 50K+ within a few months without any Why's on it.
So this could very well be a pretty good prediction.
However this prediction isn't totally crazy saying that BTC will hit 50K+ within a few months without any Why's on it.
So this could very well be a pretty good prediction.
November 07, 2018, 10:49:22 AM
I understand that it is not necessary to listen to the opinion of other people but I want to believe in it and I believe this analyst. My opinion is also inclined that the growth will be during 2019 -2020 to the next correction.
November 07, 2018, 09:48:28 AM
Galaxy Digital CEO Michael Novogratz delivered a fresh bullish price prediction for Bitcoin (BTC) Nov. 5. Novogratz told U.K. business publication Financial News that the leading cryptocurrency could hit highs of “$20,000 or more” in 2019. Speaking to the publication, Novogratz, who is well known for his optimistic outlook for Bitcoin prices, forecast BTC/USD to end this year at around $8,900.
“Bitcoin has to take out $6,800, and after that we could end the year at $8,800-9,000,” he said.
The largest cryptocurrency has refrained from any marked movements up or down in recent weeks, instead revealing a streak of stability, which commentators such as Fundstrat Global Advisors analyst Tom Lee have hailed as a sign markets are maturing.
Next year, however, conditions should change markedly, says Novogratz, with institutional investors’ “FOMO” (‘fear of missing out’) causing a surge in prices.
“There’s going to be a case of institutional FOMO, just like there was in retail,” he continued.
That rush to invest should see Bitcoin “take out $10,000” by the end of Q1, from there continuing to break December 2017’s all-time highs and head to “$20,000 or more.”
Novogratz had previously made similar predictions last month, specifically targeting the first half of 2019 for institutional interest and a December 2018 Bitcoin price not higher than $9,000.
Lee also continues his buoyant outlook for Bitcoin in the short term, telling Cointelegraph in an interview that the coin was “preparing to break out
“Bitcoin has to take out $6,800, and after that we could end the year at $8,800-9,000,” he said.
The largest cryptocurrency has refrained from any marked movements up or down in recent weeks, instead revealing a streak of stability, which commentators such as Fundstrat Global Advisors analyst Tom Lee have hailed as a sign markets are maturing.
Next year, however, conditions should change markedly, says Novogratz, with institutional investors’ “FOMO” (‘fear of missing out’) causing a surge in prices.
“There’s going to be a case of institutional FOMO, just like there was in retail,” he continued.
That rush to invest should see Bitcoin “take out $10,000” by the end of Q1, from there continuing to break December 2017’s all-time highs and head to “$20,000 or more.”
Novogratz had previously made similar predictions last month, specifically targeting the first half of 2019 for institutional interest and a December 2018 Bitcoin price not higher than $9,000.
Lee also continues his buoyant outlook for Bitcoin in the short term, telling Cointelegraph in an interview that the coin was “preparing to break out
Jump to: