Galaxy Digital’s Novogratz Predicts Bitcoin Highs by July-End
- Mike Novogratz predicts Bitcoin will hit new highs by July-end.
- Institutional adoption fuels Bitcoin’s bullish momentum.
- Bitcoin stabilizes above $120,000, aiming for $180,000 year-end.
Institutional Adoption Fuels Bullish Bitcoin Outlook
During a recent appearance at the Ondo Summit, Mike Novogratz expressed optimism about Bitcoin’s role, highlighting increased institutional adoption and public listings as catalysts.
“The U.S. government will start adding Bitcoin to its balance sheet around Q2–Q3 2025.” — Mike Novogratz, CEO, Galaxy Digital
Bitcoin Stabilizes Above $120,000 on Positive Indicators
Bitcoin has stabilized above $120,000, supported by institutional ETF inflows and positive technical indicators like the MACD and RSI.
Market responses indicate a shift in institutional sentiment, with optimism about regulatory changes and potential Galaxy Digital public listing fueling confidence.
Analysis: Bitcoin’s New Highs Post-Institutional Adoption
Bitcoin has seen new highs after institutional adoptions and halving events, with ETF investment historically boosting prices post-halving.
Analysis suggests Bitcoin may continue its bullish trend due to increased adoption and fiscal policy uncertainties propelling it as a financial hedge.
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