Mike Novograz: bearish trend will end soon

A businessman and the creator of Galaxy Digital, a familiar digital asset advocate Mike Novograz, in an interview with Bloomberg, said that the first cryptocurrency course almost coped with bears, and in the near future it will range between $ 3000 and $ 6000.

He also said that the global economy is also in decline, global trading is becoming more attractive than the cryptocurrency market.

“We are entering a new era of macro trading. Cryptocurrencies no longer seem so interesting. For many years, macro trading was quite boring, and cryptocurrency caused delight, ”he said.
He admitted that the crypto bubble had burst, which was proved by a huge correction. The entrepreneur noted that be that as it may, technologies are developing and businessmen are interested in this market segment.

It is this reason that influenced Mike’s opinion that a digital method for the preservation of material value will be created very soon, and it will most likely be BITCOIN.