On March 16, Galaxy Digital founder Mike Novogratz shared his expectations for Bitcoin in the next 5 years when he was a guest on Bloomberg TV: If Bitcoin BTC 4.56% does not reach $500,000 in 5 years, then my judgment on this matter is Incorrect.
We are seeing Bitcoin being adopted by more and more institutions, and last year Bitcoin and cryptocurrencies grew much faster than ever, faster than in the 90s when the internet was at its best. And this trend is still expanding, and pension funds in the Middle East, or in the United States, are also ready to participate.