# Mike Novogratz: Bitcoin at or above $60,000 on Dec 31, 2021

Updated Sep 29, 2026 · Web page: https://predictionverifier.com/predictions/mike-novogratz-bitcoin-60k-by-2021/

Mike Novogratz's prediction that Bitcoin would be at or above $60,000 on December 31, 2021 did not come true. The close on the deadline decided this call: Bitcoin closed at $46,211 on December 31, 2021, the deadline, 23% below the target. Mike Novogratz made the call on The Daily Hodl on February 13, 2021, when Bitcoin was at $47,408. The target needed a 27% rise in eleven months.

| Field | Value |
|---|---|
| Status | Missed |
| Person | [Mike Novogratz](https://predictionverifier.com/people/mike-novogratz/) |
| Asset | [Bitcoin (BTC)](https://predictionverifier.com/assets/bitcoin/) |
| Outlet | The Daily Hodl |
| Said on | Feb 13, 2021 |
| Quote | “So I would be $60,000 end of this year, and I’m $500,000 probably like 2024-2025…” |
| Price when said → target | $47,408 → $60,000 |
| Change | +27% from the price when said |
| Deadline | Dec 31, 2021 |
| Deciding close | Close on the deadline: $46,211 (Dec 31, 2021) |
| Source | [The Daily Hodl](https://dailyhodl.com/2021/02/13/bitcoin-is-heading-to-500000-according-to-galaxy-digitals-mike-novogratz-heres-when/) |
| Archive | [Archive](https://web.archive.org/web/20250725042022/https://dailyhodl.com/2021/02/13/bitcoin-is-heading-to-500000-according-to-galaxy-digitals-mike-novogratz-heres-when/) |
| How we check | [How we check predictions](https://predictionverifier.com/how-we-check-predictions/#at-deadline) |
| Public ID | #d586a |

## What was said

[Mike Novogratz](https://predictionverifier.com/people/mike-novogratz/) · Founder and CEO, Galaxy Digital · 6 predictions · 4 hit · 2 missed

The Daily Hodl, Feb 13, 2021 · [Source](https://dailyhodl.com/2021/02/13/bitcoin-is-heading-to-500000-according-to-galaxy-digitals-mike-novogratz-heres-when/) · [Archive](https://web.archive.org/web/20250725042022/https://dailyhodl.com/2021/02/13/bitcoin-is-heading-to-500000-according-to-galaxy-digitals-mike-novogratz-heres-when/)

> So I would be $60,000 end of this year, and I’m $500,000 probably like 2024-2025…

Novogratz said he sees Bitcoin as digital gold and a store of value rather than money, and framed his estimate as Bitcoin's market cap as a share of gold's. He said Bitcoin was about 6% of gold's market cap and would easily reach 10% by the end of the year, which he said gets Bitcoin to $55,000-$60,000. He added that adoption comes through more education and more communities buying into the idea.

## How we checked this

The close of the last trading day on or before Dec 31, 2021 decides: the prediction comes true if that close is at or above $60,000. Prices are daily closes in UTC, not intraday highs.

- Price when said: $47,408 (Feb 12, 2021) · [price data](https://exchange.coinbase.com/trade/BTC-USD)
- Deciding close: $46,211 (Dec 31, 2021) · [price data](https://exchange.coinbase.com/trade/BTC-USD)

[How we check predictions](https://predictionverifier.com/how-we-check-predictions/)

## More from Mike Novogratz

- [Mike Novogratz: Bitcoin to rise 100% by Sep 30, 2020](https://predictionverifier.com/predictions/mike-novogratz-bitcoin-up-100pct-by-2020/) · Missed · $6,666 → $13,332 · Deadline Sep 30, 2020 · #62767
  “In an April 2 interview with CNBC’s Closing Bell, Novogratz also expressed his confidence that Bitcoin’s price should at least double before October 2020.”
- [Mike Novogratz: Bitcoin to $20,000 by Dec 31, 2020](https://predictionverifier.com/predictions/mike-novogratz-bitcoin-20k-by-2020/) · Hit · $6,666 → $20,000 · Deadline Dec 31, 2020 · #f2d4f
  “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.”
- [Mike Novogratz: Bitcoin at or above $12,000 on Dec 31, 2020](https://predictionverifier.com/predictions/mike-novogratz-bitcoin-12k-by-2020/) · Hit · $7,246 → $12,000 · Deadline Dec 31, 2020 · #f5b96
  “2020 prediction #1. @realDonaldTrump loses by more than 10mm votes. #2 $btc finishes over 12k.”
- [Mike Novogratz: Bitcoin at or above $10,000 on Dec 31, 2017](https://predictionverifier.com/predictions/mike-novogratz-bitcoin-10k-by-2017/) · Hit · $8,256 → $10,000 · Deadline Dec 31, 2017 · #d5000
  “Bitcoin should finish the year at $10,000 while ethereum is likely to close at $500, the head of Galaxy Investment Partners and former head of the Fortress Investment hedge fund, told Bloomberg television in an interview.”
- [Mike Novogratz: Ethereum to $500 by Dec 31, 2017](https://predictionverifier.com/predictions/mike-novogratz-ethereum-500-by-2017/) · Hit · $368.24 → $500 · Deadline Dec 31, 2017 · #77e13
  “Speaking on Bloomberg TV, Novogratz, who has been bullish on Bitcoin throughout the year, said Bitcoin would yet hit the magic number before the new year, and also predicted $500 per coin for Ether (ETH) within the same period.”

## Other Bitcoin predictions

- [Brian Armstrong: Bitcoin to $400,000 by Dec 31, 2030](https://predictionverifier.com/predictions/brian-armstrong-bitcoin-400k-by-2030/) · Open · $78,284 → $400,000 · Deadline Dec 31, 2030 · #bcf13
  “Coinbase chief executive Brian Armstrong still expects Bitcoin to reach $400,000 by 2030, he told CNBC Squawk Box Asia on Thursday, calling it a "reasonable target" even as BTC currently trades around $77,000.”
- [Tim Draper: Bitcoin to $250,000 by Jul 4, 2027](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-july-2027/) · Open · $62,520 → $250,000 · Deadline Jul 4, 2027 · #27561
  ““It just wasn’t me. I haven’t touched it. Arkham has it wrong,” Draper told Cointelegraph, adding that he still expects Bitcoin to reach $250,000 within one year.”
- [Arthur Hayes: Bitcoin at or above $500,000 on Dec 31, 2026](https://predictionverifier.com/predictions/arthur-hayes-bitcoin-500k-by-2026/) · Open · $76,349 → $500,000 · Deadline Dec 31, 2026 · #a5999
  “Adding to the bullish sentiment, BitMEX co-founder Arthur Hayes has set an end-of-year Bitcoin price target of $500,000 and a $200 target for HYPE, in an exclusive interview with Coinpedia, while reaffirming that the majority of his personal wealth remains stored in Bitcoin.”
- [Tim Draper: Bitcoin to $250,000 by Oct 14, 2027](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-october-2027/) · Open · $74,446 → $250,000 · Deadline Oct 14, 2027 · #60478
  “I have reason to believe that bitcoin will reach $250K in 18 months … eventually I expect the number to be higher as bitcoin rises and the dollar falls to inflationary pressures.”
- [Tim Draper: Bitcoin to $250,000 by Dec 31, 2026](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-2026/) · Open · $93,722 → $250,000 · Deadline Dec 31, 2026 · #52073
  “2026 será grande. Bitcoin se vuelve convencional. Mi predicción de $250K finalmente alcanzada.”

## More on this prediction

- [Mike Novogratz's price predictions](https://predictionverifier.com/people/mike-novogratz/)
- [Bitcoin price predictions](https://predictionverifier.com/assets/bitcoin/)

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