💰 BlockFi: Up To $250 BTC Bonus: (Sponsored)
Mike Novogratz, the CEO of the crypto investment company Galaxy Digital, has recently predicted that the next bull cycle of Bitcoin (BTC), the largest cryptocurrency by market cap, could start in the fourth quarter of 2022.
Novogratz shared this opinion at the Consensus 2022 conference in Austin, Texas. According to the billionaire investor, Bitcoin is not going to trade well until the Federal Reserve takes a break.
“My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. Then Bitcoin will break from equities and lead markets… Rates are going to 5% in the U.S. I hope crypto can decouple.”
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Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3QjHu4b
✔ $521M In Crypto Liquidated In Past 24 Hours: https://bit.ly/3xLc0g8
✔ Do Kwon Terra LUNA UST Saga Continues: https://bit.ly/3ztS2HT
✔ Crypto Market Pullback Imminent: https://bit.ly/39ifc9C
✔ Next Crypto Bull Market Prediction: https://bit.ly/3MNPoj4
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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