Michael Novogratz On Bitcoin After Halving, ‘This is Perfect Timing’

[SRShanuka2020]

Michael Novogratz On Bitcoin After Halving, ‘This is Perfect Timing’

The third Bitcoin halving has come and gone with a colossal adventure to it. This has caused a bit of confusion in the crypto community as to what will happen next. In the midst of the confusion, however, Galaxy Digital Founder and CEO Michael Novogratz says now is the perfect time for Bitcoin. Speaking with CNN in a live interview, he said more investors are considering investing in Bitcoin.

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[Noverteno]

Of course, now is a very convenient time to invest in bitcoin. In the first few months after halving the remuneration of miners, the price of bitcoin should not rise and even usually fall. But over the year after this event, Bitcoin should significantly increase in price compared to the current price. Therefore, now you need to see if the price of Bitcoin will fall and invest in it when the price drops.

[Alcor]

So far, this is a good time to invest your money in bitcoin. However, for the time being it is necessary to observe the price of bitcoin for a while, since in the first time after dividing in half it can even fall in price. However, by the end of the year it should grow. Especially if there is also a global economic crisis.