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The founder and CEO of Galaxy Investment Partners, Michael Novogratz, reiterated in an interview with Bloomberg his expectations concerning bitcoin rally in 2019.

Novogratz said:

“...I think Q1 or Q2 [2019] if the institutions start coming in, we’ll put in new highs.”

The head of Galaxy Investment Partners also commented his bitcoin price prediction shifts:

“Everything takes longer than you hope it does. The whole crypto ecosystem is still like a fourth grader…this stuff takes longer.”

The founder of Galaxy Investment Partners, known for his optimistic expectations concering the bitcoin future. In mid-September Novogratz said that the crypto market “had reached the bottom”, though even then he believed that prices could go higher after a while.

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