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1605: “Bitcoin is a Runaway Train on Track to $400,000” - Novogratz

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Billionaire Mike Novogratz Says Great Setup Coming for Bitcoin (BTC) and Precious Metals As Potential Rate Cuts Loom:

“What worries me, quite frankly, is that we do get into the runaway train in crypto. There is a scenario where you can see Bitcoin become a runaway train. It’s just self-fulfilling and it eats itself. You’re not at $100,000, but you’re at $300,000 or $400,000. It’s not my base case, but I can make that scenario up."

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1072 episoade

Artwork
iconDistribuie
 
Manage episode 411818919 series 2835096
Content provided by Justin Verrengia. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Verrengia or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Billionaire Mike Novogratz Says Great Setup Coming for Bitcoin (BTC) and Precious Metals As Potential Rate Cuts Loom:

“What worries me, quite frankly, is that we do get into the runaway train in crypto. There is a scenario where you can see Bitcoin become a runaway train. It’s just self-fulfilling and it eats itself. You’re not at $100,000, but you’re at $300,000 or $400,000. It’s not my base case, but I can make that scenario up."

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

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