Novogratz Made A $1 Million Bet On Bitcoin

Galaxy Digital CEO Mike Novogratz, who said he will get his tattoo when the price of Terra (LUNA) reaches $100, made a $1 million bet on Bitcoin.

Novogratz has bet cryptocurrency nemesis Peter Schiff for $1 million. The crypto king claims that the price of Bitcoin will be above $35,000 a year from now. Galaxy Digital CEO Mike Novogratz challenged Euro Pacific Capital CEO Peter Schiff, who said the market would fall excessively. Novogratz has offered a $1 million bet on his predictions that the BTC doomsday market will crash and burn. The crypto king is confident that BTC will be traded above $35,000 1 year from now. If he's wrong, he'll donate $1 million to a charity of Peter Schiff's choice. Novogratz said, "Peter Schiff, I'll bet $1 million to donate to the charity of your choice, BTC will be over $35,000 in a year." https://twitter.com/novogratz/status/1484969725545398277?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1484969725545398277%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fkriptokoin.com%2Fbitcoin-cokusunu-haber-veren-milyarder-siradakini-acikladi%2F Novogratz said that Bitcoin price will find support around $38,000, but then warned investors that the market will come under pressure due to rising bond yields. The leading cryptocurrency has slumped to $34,000 since the end of July. Novogratz had predicted that Bitcoin would surpass $100,000 in 2021, but BTC stuck to the $69,000 resistance in the first weeks of November.