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Michael Novogratz: All the ingredients for a powerful Bitcoin rally are already on the table
According to Novogratz, the prevailing negative sentiment in the crypto market and the declining interest from retail investors should not be misleading.
“I am closely monitoring the situation. Being pessimistic at current levels is irrational. Just seeing real momentum and a confident breakthrough above $100 000 — and that will be a personal signal for me to act and a reason for confidence. I believe that 2026 could be a very successful year for the crypto market,” the businessman announced.
In 2026, the dynamics of the crypto market will be determined by the economic situation in the USA and the actions of the Federal Reserve (Fed) — if interest rates decrease, it will lead to a weakening of the dollar and create a favorable environment for cryptocurrencies, Novogratz believes.
When the market “breaks out of the dead point,” the movement of the first cryptocurrency could be sharp and rapid. Bitcoin is still undervalued, and it will definitely set a new all-time high, the CEO of Galaxy Digital is convinced.
Earlier, top manager of the venture capital firm Dragonfly Capital, Hasib Quresh, stated that by the end of 2026, the price of Bitcoin could exceed (000, but the growth rate of the first cryptocurrency will be lower than that of altcoins.