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Galaxy Digital founder: Bitcoin could return to $100,000 by the end of the year, but there will be significant selling pressure at that time.

On November 27, Mike Novogratz, founder of the well-known cryptocurrency investment firm Galaxy Digital, stated in a podcast that he still believes Bitcoin could return to $100,000 by the end of the year, but there will be significant selling pressure at that time. This is because the big dump on “1011” has a mid-term psychological impact on the market. At the same time, Novogratz mentioned that with clearer cryptocurrency policies and the entry of traditional financial giants, the market will deeply differentiate in the future, and tokens that can provide value will be favored.

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