Galaxy Digital founder: Bitcoin could return to $100,000 by the end of the year, but there will be significant selling pressure at that time

The founder of the well-known crypto investment firm Galaxy Digital, Mike Novogratz, stated in a podcast that he still believes Bitcoin can return to $100,000 by the end of the year, but there will be significant selling pressure at that time.

He noted that the psychological impact of the crash on the market is medium-term. At the same time, Novogratz mentioned that with clearer crypto policies and the entry of traditional financial giants, the market will deeply differentiate in the future, and tokens that provide value will be favored.