Mike Novogratz: Bitcoin’s Next Move Could Make You Cry (or Rich)

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In the shadow of economic tempests and geopolitical squabbles, billionaire Mike Novogratz clings to his crypto dreams like a drunkard to a bottle. “The world’s a mess,” he sighs, “but retail investors and Wall Street’s late-night crypto cravings keep the flame alive.”

The man who once counted rubles in a Soviet breadline now commands a digital empire, Galaxy Digital, where he tells Anthony Scaramucci, “Tariffs and wars? Just noise. Crypto’s dancing to a different beat.”

Still, Novogratz admits the dance is… awkward. “Prices wobble like a drunkard’s step,” he admits, “but I’m bullish. Why? Because hope’s the cheapest currency in the game.”

“Crypto’s doing okay this year. Retail’s in, Wall Street’s eyeing the door. So I’m bullish. Not that anyone asked.”

Bitcoin, he claims, is “coiled like a spring,” waiting to leap over a $100,000 wall. A wall, he clarifies, that’s less a threshold and more a gilded cage.

“I won’t start pounding my chest like a primal warlord until BTC cracks $100k and stays there. That level? A ghost town. Once it breaks free, we’ll have a parade… or a nervous breakdown.”

At $89,760, Bitcoin stumbles like a bear learning to dance. Novogratz, meanwhile, grins through the chaos. “Consolidation phase? Sure. But every bear market’s just a bear in winter clothes.”

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2026-01-22 12:07