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BITCOIN IN 2018.........Bitcoin Price will Reach $10,000 Before April 2018 - Mike Novogratz

A hedge Fund Manager Mike

“...It would not surprise if in the next six to 10 months we’re over $10,000.”

Investor turned crypto hedge fund mogul Mike Novogratz has predicted Bitcoin will balloon to $10,000 before April 2018.

Speaking on CNBC Wednesday, Novogratz, who is publicly bullish on Bitcoin and is starting a dedicated $500 million hedge fund, said he could “see the herd coming.”

“I’m pretty confident to say it’s going higher,” he told the host of the network’s Fast Money segment programme.

Asked whether he thought Bitcoin was therefore a bubble, Novogratz said the “Blockchain revolution,” like railways and the Internet, would “change the way we live.”

“Yes, it’s a bubble, it’s going to be one of the great manias of all time,” he continued.

“Bitcoin happens to be the bellwether of this entire decentralized revolution, so it’s the easiest way people get gain exposure to it… Things like Ethereum I think will be the public utility of this new space.”

Bitcoin prices remained relatively stable around all-time highs Wednesday, despite news that Russia was preparing to block access to cryptocurrency exchanges for its citizens, while China has effected a complete crypto business ban.

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