{"id":480718,"date":"2022-01-10T17:00:08","date_gmt":"2022-01-10T17:00:08","guid":{"rendered":"https:\/\/wncen.com\/?p=480718"},"modified":"2024-06-11T06:53:43","modified_gmt":"2024-06-11T06:53:43","slug":"galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/","title":{"rendered":"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom"},"content":{"rendered":"

Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come with discouraging movements for investors as over $500 billion has been wiped off the market. This has sent bitcoin\u2019s price down to the dreaded $40,000 price range.<\/p>\n

One question that remains in the mind of investors is, has the market seen the bitcoin bottom? Billionaire Mike Novogratz attempts to answer this as he puts forwards his thoughts on the issue and predicts the bitcoin bottom.<\/p>\n

Related Reading |\u00a0TA: Bitcoin Key Indicators Suggest A Strengthening Case For More Downsides<\/a><\/strong><\/em><\/p>\n

Bitcoin Should Bottom Out Between $38,000 to $40,000<\/h2>\n

Galaxy Digital CEO Mike Novogratz has always been an active voice in the crypto space and has at various times given his thoughts on the market. This time around, Novogratz sat down with CNBC<\/a>\u2019s Squawk Box, where he predicted where the bottom of the current bitcoin downtrend will be.<\/p>\n

The billionaire CEO placed the floor of the current downtrend at $38,000 which he does not see bitcoin going under. Currently, bitcoin\u2019s lowest during the dips have been $40,680, from which the digital asset has since recovered. But if Novogratz\u2019s predictions are anything to go by, then the market may see another dip before there is a full-blown recovery trend.<\/p>\n

\"Bitcoin<\/p>\n

BTC price tumbles down to $41,475 | Source: BTCUSD on TradingView.com<\/a><\/pre>\n

The CEO gives his reason for this bottom as institutional investors taking advantage of the low prices to get into the digital asset. I\u201d know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,\u201d\u00a0 <\/span>Novogratz said.<\/p>\n

\u201cOn the charts, $38,000, $40,000 feels like where we should bottom,\u201d he added.<\/p>\n

Inflation Will Drive Growth<\/h2>\n

Continuing on, Novogratz shares more regarding his stance on this predicted bitcoin bottom. One of those has been inflation.<\/p>\n

Those who have been following the markets know that rising inflation rates have led to increasing concerns among investors who have begun to look for alternatives to gold to serve as an inflation hedge. Bitcoin has naturally become the option for these investors.<\/p>\n

The Fed believes that inflation rates will begin to come down, but the CEO explained that if this does not go as planned, then \u201call bets are off.\u201d<\/p>\n

Related Reading |\u00a0Melania Trump Congratulates Bitcoin On 13th Anniversary Of Bitcoin Genesis Block<\/a><\/strong><\/em><\/p>\n

Digital Galaxy, on which Novogratz heads as CEO, has made a name for itself in the space as being a big bitcoin proponent. The company currently holds over 12,000 bitcoins, making it one of the companies with the largest bitcoin holdings in the world.<\/p>\n

Mike Novogratz himself also has a personal stake in cryptocurrencies, revealing that he holds about 85% of his net worth in cryptocurrencies, which at the time translated to up to $4.8 billion held by the billionaire in crypto.<\/p>\n

Featured image from Stock Hax, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come with discouraging movements for investors as over $500 billion has been wiped off the market. This has sent bitcoin\u2019s price down to the dreaded $40,000 price range. One question that remains in the mind of investors is, has the market seen the bitcoin bottom? Billionaire Mike Novogratz attempts to answer this as he puts forwards his thoughts on the issue and predicts the bitcoin bottom. Related Reading |\u00a0TA: Bitcoin Key Indicators Suggest A Strengthening Case For More Downsides Bitcoin Should Bottom Out Between $38,000 to $40,000 Galaxy Digital CEO Mike Novogratz has always been an active voice in the crypto space and has at various times given his thoughts on the market. This time around, Novogratz sat down with CNBC\u2019s Squawk Box, where he predicted where the bottom of the current bitcoin downtrend will be. The billionaire CEO placed the floor of the current downtrend at $38,000 which he does not see bitcoin going under. Currently, bitcoin\u2019s lowest during the dips have been $40,680, from which the digital asset has since recovered. But if Novogratz\u2019s predictions are anything to go by, then the market may see another dip before there is a full-blown recovery trend. BTC price tumbles down to $41,475 | Source: BTCUSD on TradingView.com The CEO gives his reason for this bottom as institutional investors taking advantage of the low prices to get into the digital asset. I\u201d know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,\u201d\u00a0 Novogratz said. \u201cOn the charts, $38,000, $40,000 feels like where we should bottom,\u201d he added. Inflation Will Drive Growth Continuing on, Novogratz shares more regarding his stance on this predicted bitcoin bottom. One of those has been inflation. Those who have been following the markets know that rising inflation rates have led to increasing concerns among investors who have begun to look for alternatives to gold to serve as an inflation hedge. Bitcoin has naturally become the option for these investors. The Fed believes that inflation rates will begin to come down, but the CEO explained that if this does not go as planned, then \u201call bets are off.\u201d Related Reading |\u00a0Melania Trump Congratulates Bitcoin On 13th Anniversary Of Bitcoin Genesis Block Digital Galaxy, on which Novogratz heads as CEO, has made a name for itself in the space as being a big bitcoin proponent. The company currently holds over 12,000 bitcoins, making it one of the companies with the largest bitcoin holdings in the world. Mike Novogratz himself also has a personal stake in cryptocurrencies, revealing that he holds about 85% of his net worth in cryptocurrencies, which at the time translated to up to $4.8 billion held by the billionaire in crypto. Featured image from Stock Hax, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":480723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,27251,506,85141,601,679,1119,13071,11277],"class_list":["post-480718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-bottom","tag-bitcoin-crash","tag-bitcoin-dips","tag-bitcoin-investment","tag-bitcoin-price","tag-btc","tag-galaxy-digital","tag-mike-novogratz"],"acf":[],"yoast_head":"\nGalaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom<\/title>\n<meta name=\"description\" content=\"Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom\" \/>\n<meta property=\"og:description\" content=\"Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-10T17:00:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T06:53:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672\" \/>\n\t<meta property=\"og:image:width\" content=\"2508\" \/>\n\t<meta property=\"og:image:height\" content=\"1672\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom\",\"datePublished\":\"2022-01-10T17:00:08+00:00\",\"dateModified\":\"2024-06-11T06:53:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/\"},\"wordCount\":480,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672\",\"keywords\":[\"bitcoin\",\"Bitcoin Bottom\",\"bitcoin crash\",\"bitcoin dips\",\"bitcoin investment\",\"bitcoin price\",\"btc\",\"Galaxy Digital\",\"Mike Novogratz\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/\",\"url\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/\",\"name\":\"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672\",\"datePublished\":\"2022-01-10T17:00:08+00:00\",\"dateModified\":\"2024-06-11T06:53:43+00:00\",\"description\":\"Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672\",\"width\":2508,\"height\":1672,\"caption\":\"95434264 - businessman in bitcoin price increase concept\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/wncen.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom","description":"Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/","og_locale":"en_US","og_type":"article","og_title":"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom","og_description":"Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come","og_url":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-01-10T17:00:08+00:00","article_modified_time":"2024-06-11T06:53:43+00:00","og_image":[{"width":2508,"height":1672,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/"},"author":{"name":"Best Owie","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom","datePublished":"2022-01-10T17:00:08+00:00","dateModified":"2024-06-11T06:53:43+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/"},"wordCount":480,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672","keywords":["bitcoin","Bitcoin Bottom","bitcoin crash","bitcoin dips","bitcoin investment","bitcoin price","btc","Galaxy Digital","Mike Novogratz"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/","url":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/","name":"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672","datePublished":"2022-01-10T17:00:08+00:00","dateModified":"2024-06-11T06:53:43+00:00","description":"Bitcoin has been on a downward streak since the last quarter of 2021, and this has spilled into the new year. As January goes into full bloom, it has come","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672","width":2508,"height":1672,"caption":"95434264 - businessman in bitcoin price increase concept"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom","url":"http:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin bottom","bitcoin crash","bitcoin dips","bitcoin investment","bitcoin price","btc","galaxy digital","mike novogratz"],"dateCreated":"2022-01-10T17:00:08Z","datePublished":"2022-01-10T17:00:08Z","dateModified":"2024-06-11T06:53:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Galaxy Digital CEO Mike Novogratz Says Bitcoin Has Hit The Bottom\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/galaxy-digital-ceo-mike-novogratz-says-bitcoin-has-hit-the-bottom\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/bitcoin-dip.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/bitcoin-dip.jpeg?fit=2508%2C1672\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin bottom\",\"bitcoin crash\",\"bitcoin dips\",\"bitcoin investment\",\"bitcoin price\",\"btc\",\"galaxy digital\",\"mike novogratz\"],\"dateCreated\":\"2022-01-10T17:00:08Z\",\"datePublished\":\"2022-01-10T17:00:08Z\",\"dateModified\":\"2024-06-11T06:53:43Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/bitcoin-dip.jpeg?fit=2508%2C1672","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/480718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=480718"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/480718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/480723"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=480718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=480718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=480718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}