# Mike Novogratz: Bitcoin to rise 100% by Sep 30, 2020

Updated Sep 30, 2026 · Web page: https://predictionverifier.com/predictions/mike-novogratz-bitcoin-up-100pct-by-2020/

Mike Novogratz's prediction that Bitcoin would rise 100%, to $13,332, by September 30, 2020 did not come true. Bitcoin's best close before the deadline was $12,304 on August 17, 2020, 7.7% below the target. Mike Novogratz made the call on CNBC on April 2, 2020, when Bitcoin was at $6,666. The target needed a 100% rise in six months.

| Field | Value |
|---|---|
| Status | Missed |
| Person | [Mike Novogratz](https://predictionverifier.com/people/mike-novogratz/) |
| Asset | [Bitcoin (BTC)](https://predictionverifier.com/assets/bitcoin/) |
| Outlet | CNBC |
| Said on | Apr 2, 2020 |
| Quote | “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.” |
| Price when said → target | $6,666 → $13,332 |
| Change | +100% from the price when said |
| Deadline | Sep 30, 2020 |
| Deciding close | Best close before the deadline: $12,304 (Aug 17, 2020) |
| Source | [CNBC](https://www.cointelegraph.com/news/mike-novogratz-may-hang-his-spurs-if-bitcoin-doesnt-hit-20k-in-2020) |
| Archive | [Archive](https://web.archive.org/web/20260410200400/https://cointelegraph.com/news/mike-novogratz-may-hang-his-spurs-if-bitcoin-doesnt-hit-20k-in-2020) |
| How we check | [How we check predictions](https://predictionverifier.com/how-we-check-predictions/#touch) |
| Public ID | #62767 |

## What was said

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

CNBC, Apr 2, 2020 · [Source](https://www.cointelegraph.com/news/mike-novogratz-may-hang-his-spurs-if-bitcoin-doesnt-hit-20k-in-2020) · [Archive](https://web.archive.org/web/20260410200400/https://cointelegraph.com/news/mike-novogratz-may-hang-his-spurs-if-bitcoin-doesnt-hit-20k-in-2020)

> 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.

## How we checked this

The prediction comes true if any daily close from Apr 2, 2020 to Sep 30, 2020, inclusive, is at or above $13,332. Prices are daily closes in UTC, not intraday highs.

- Price when said: $6,666 (Apr 1, 2020) · [price data](https://exchange.coinbase.com/trade/BTC-USD)
- Deciding close: $12,304 (Aug 17, 2020) · [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 at or above $60,000 on Dec 31, 2021](https://predictionverifier.com/predictions/mike-novogratz-bitcoin-60k-by-2021/) · Missed · $47,408 → $60,000 · Deadline Dec 31, 2021 · #d586a
  “So I would be $60,000 end of this year, and I’m $500,000 probably like 2024-2025…”
- [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/)
- [Bitcoin price predictions for 2020](https://predictionverifier.com/assets/bitcoin/2020/)

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