- Galaxy CEO Novogratz predicts Bitcoin rally in coming months
- Institutional interest and macro trends fuel optimism
- BTC market shows signs of a bullish setup
Mike Novogratz, CEO of Galaxy Digital and a long-time Bitcoin bull, recently told CNBC that he expects another major Bitcoin rally before the end of the year. This prediction adds to the growing wave of positive sentiment around the crypto market , especially as global economic conditions begin to shift in favor of risk-on assets.
Speaking on CNBC’s “Squawk Box,” Novogratz highlighted a mix of technical and macroeconomic indicators that suggest Bitcoin is poised for a strong move. He pointed to increased institutional interest, upcoming ETF flows, and potential changes in Federal Reserve policy as key drivers.
Institutional Interest and Market Setup
Novogratz emphasized that large institutions are slowly re-entering the crypto market , bringing in fresh capital and stability. This trend could play a significant role in triggering the next leg of the Bitcoin rally. He also noted that the current sideways movement in Bitcoin’s price may be forming a strong base — typically a bullish signal in technical analysis.
According to him, investors are beginning to view Bitcoin not just as a speculative asset but as a legitimate store of value, especially in an environment of currency devaluation and inflation concerns.
Can Bitcoin Break All-Time Highs?
With Bitcoin currently trading below its all-time high of nearly $69,000, many analysts — including Novogratz — believe a breakout is likely before year-end. Historical trends show that Bitcoin often finishes strong in Q4, and if history repeats, 2025 could end with Bitcoin testing new highs.
While volatility remains a factor, Novogratz’s prediction aligns with broader market optimism and the growing maturity of the crypto sector.
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