Michael Novogratz Calls BOTTOM – Daily Bitcoin and Cryptocurrency News



Michael Novagratz tweeted tonight that he thinks yesterday was the bottom for the Bitcoin and crypto market! What do you think? His Tweet: …

47 Comments

  1. My current view on BTC market.
    1) 6,000 held again
    2) the bears are โ€˜benevolentโ€™ they dont wanna kill Bitcoin
    3) At 6,000 miners and wall st come in to protect the mining profits and defend the forward
    4) volatility is decreasing. This will make the market less interesting for swing traders (bears)
    5) market will hover sideways for a while
    6) bull market will slowly return (weโ€™re doing higher lows for the first time this year).

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  3. I donโ€™t know exactly when the market will go up but it will happen within the next 12 months, itโ€™s just a matter of time a lot of stuff going on in the background institutions setting custodianship to buy ,then they will get the public involved to be able to purchase from them. Market will be 2-5 trillion by end of 2019

  4. I'm always "all in". I just buy about 1000 usd worth of bitcoin every payday and go on with my life. I've managed to sock away another 1.72 btc so far this year. I can keep this up for years or until I can try the "bitcoin retired" lifestyle. It's easier or me to do the bitcoin retired thing because most of my life is over. I'm just looking at retiring around 12 years early.

  5. Not even close to the bottom. Draw a Fib retracement from May 5th down to Jun 24th on a day chart and if you can read charts you will see why each drop occured. Twice we saw news of a large bitcoin account moving large amounts of bitcoin at that time. The latest drop at the 38.2 was planned and executed by a whale paying for fake new to create the short using the fake Goldman Sachs news.When bitcoin hit the 38.2 level it fell on schedule. The 23.6 level has been resistance recently and will be resistance again and a whale will crash it again. Market structure will be broken so this little rally is short lived. So $6775 is the level to watch. Be carefull buying. Just my opinion.

  6. we keep hitting higher lows so i would say i agree
    only reason price is down now cause the suits team up with bitmex to short 4 when they was ready to get it & now his call of bottom just may b what crypto needed & if this etf hits we out to 10k

  7. Donโ€™t think so man another 30 billion to go at least . People like you on YouTube just pumps it up when market does itโ€™s job so let it do it fully or it will be another few months before we see rally .

  8. Hmmm, so a bitcoin hedge fund manager is bullish on bitcoin you say? That's like an umbrella salesman predicting rain. Less bag shilling, please or at least make it less obvious.

  9. Crypto is like pushing a beach ball under water. The more governments and bankers have attempted to suppress the price of crypto. The further they have attempted to push the beach ball deeper under water. Once the price suppression stops. Like the beach ball rapidly rising to the surface. So too will the price of crypto explode.

  10. Subscribed to you after this video, I call Michael Novogratz Mister no regrets ! The guy knows his shit but I still feel like are Bull Run is going to be a bit more gradual and steady this time around I think we will be seeing 20K BTC mid 2020, achain ,ontology, electracoin and Icon should be on everyone's radar. Still have no clue what EOS raised 4 billion dollars for, THEY SEEM AS CONFUSED AS A FART IN A FAN FACTORY ๐Ÿ˜‚, Bitcoin has to hit 4500 to have a massive Bull Run in short-term, long term we are heading towards Bull Run but John McAfee may have to eat his dick on live TV one year before it hits 500K.

  11. Wish in one hand poop in the other which one fills up first. Wish it was bottom as so many deals out there. Think 18th will be the up. However looking for a confirmed positive chart signal. Will keep as eye on it though because with volumes this low could spike very fast

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