Mike Novogratz, CEO of Crypto Investment Company Galaxy, Ethereum 
$3,653.32Bitcoin in the coming months 
$118,725.29He said he could perform better than. Speaking to CNBC, Novogratz said that if Ethereum exceeds $ 4,000, a new price discovery period could begin and that existence could show significant increases in this process. According to Novogratz, the powerful market narrative on Ether is short, but it is seen that the supply is narrowed due to the fact that several large companies added ether to their treasury assets and making continuous purchases.
Ethereum (ETH)
The ETH price was traded at the level of $ 3.719 at the time of the article and he compensated for his latest losses. Mike Novogratz and analysts are united in the opinion that if the Altcoin king tested $ 4,000, there may be a new mobility in the market. It is stated that companies start to add ether to treasury assets and restrict the coin supply in the market and may be effective in the upward acceleration of the price.
“Ether has risen strongly. It seems likely to approach the resistance of 4,000 dollars several times. Now it is stated that Ether will be added in the treasury of the two big company, as well as the increase in the demand of another. – The application of Mike Novogratz crypto investors flocked – The reason will surprise you!
Comments on Bitcoin
Novogratz stressed that Bitcoin also performed strongly, but price movements are not one -way. In an interview, Mike said in an interview that Bitcoin could continue to increase value as long as the current market narrative continues.
“The market is now in the period of price discovery for many assets. 150,000 dollars sounds like a reasonable target. Recently increasing sales have slowed down the price rise, but I think that this acceleration will be upward as the current story continues.
Despite the wavy movements observed in the market, experts say that upward expectations in Bitcoin continue. Nevertheless, it is stated that macroeconomic developments and interest of global markets in crypto assets continue to be decisive on prices.
Mike Novogratz’s comments also draw attention to the impact of economic and policy developments in the US on crypto asset prices. In particular, interest rates and political decisions can significantly affect investor sensitivity. Novogratz said that possible policy changes that can be implemented by the Trump administration could change their forecasts.
In summary, expectations that Ethereum can perform better than Bitcoin in the coming period are strengthened by corporate investments and decrease in the coin supply in the market. Bitcoin is commemorated with the target of $ 150,000 in parallel with global developments and market narrative. Both beings offer alternatives for different investor profiles and the nature of price movements is shaped depending on many factors. It is important that investors carefully monitor the sudden changes in market conditions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
