Galaxy Digital CEO Mike Novogratz believes that Bitcoin's price hitting $100,000 is just the beginning. He stated that surpassing this milestone is almost inevitable due to factors such as increased demand from the Middle East and the pro-crypto stance of President-elect Donald Trump. However, Novogratz also cautioned that the current market leverage is extremely high, signaling a potential correction. Despite this, he remains optimistic about Bitcoin's floor and advises investors to buy Bitcoin directly rather than relying on crypto-linked equities.



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