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

Updated

What was said

Photo of Mike Novogratz
Mike Novogratz

Founder and CEO, Galaxy Digital

CNBC, Apr 2, 2020SourceArchive

6 predictions · 4 hit · 2 missed

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

MissedDeadline

Price when said
$6,666 closeprice data
Target
$13,332+100%
Best close
$12,304price data

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.

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