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Novogratz predicts Bitcoin's next big breakout if it surpasses $100,000 amid strong market momentum.

Market News
24 Apr 2026, 21:47 WIB
UToday
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Bullish
Novogratz predicts Bitcoin's next big breakout if it surpasses $100,000 amid strong market momentum.

Billionaire investor Mike Novogratz forecasts a major Bitcoin breakout if it breaks the $100,000 mark, citing stronger market momentum than a month ago. He notes that both retail investors and Wall Street firms like Morgan Stanley are driving renewed interest and capital inflows into Bitcoin. Novogratz also sees Bitcoin maturing as a macro asset with cyclical behavior tied to the broader economy, signaling a new bullish phase ahead. However, he cautions that options traders might temporarily slow the rally near $80,000 to $85,000 levels.

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