HitDeadline
- Price when said
- $6,666 closeprice data
- Target
- $20,000+200%
- First close at target
- $21,360price data
Mike Novogratz: Bitcoin to $20,000 by Dec 31, 2020
Mike Novogratz's prediction that Bitcoin would reach $20,000 by December 31, 2020 came true. Bitcoin closed at $21,360 on December 16, 2020, the first close at or above the target. Mike Novogratz made the call on CNBC on April 2, 2020, when Bitcoin was at $6,666. The target needed a 200% rise in nine months.
Updated
What was said
Mike Novogratz
Founder and CEO, Galaxy Digital
CNBC, Apr 2, 2020SourceArchive
5 predictions · 3 hit · 2 missed
Mike Novogratz, CEO of crypto merchant bank Galaxy Digital and a well-known Bitcoin bull, has once again reiterated his bullish stance to the biggest cryptocurrency, predicting that Bitcoin should retest its $20,000 highs by the end of 2020.
How we checked this
The prediction comes true if any daily close from Apr 2, 2020 to Dec 31, 2020, inclusive, is at or above $20,000. Prices are daily closes in UTC, not intraday highs.
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