$ 1 million for 1 bitcoin? Novogratz is convinced of this

Bitcoin at zero? This idea is rowed at the museum of legends. At 100,000 $, some think that the story really starts. And they cross their fingers so that the decor does not collapse. Optimism is everywhere, like a perfume of revenge. But why so much insurance? What do they see that others do not perceive? A certain Mike Novogratz thinks they have found the answer. He consulted his graphics … and undoubtedly his stars.

Novogratz's bet: one million for 1 BTC, is it logical?

Mike Novogratz, CEO of Galaxy Digital like Binance, is not the type to tweet in a vacuum. For him, ” Bitcoin has 10 times climbing […] It's just to reach gold ». He does not dream: he does his accounts. Bitcoin capitalization remains well below that of yellow metal. And in this race, the BTC leaves with a master asset: an offer frozen at 21 million units.

He goes on:

The adoption of bitcoin as a macro active is now a ball that descends the slope.

Young investors, institutional giants, corporate treasures … Everyone gets started. Galaxy Digital, his ship, has more than 12,800 BTC. He also invested in mining and crypto startups.

But beware: Behind this beautiful mechanics hides the fear of a return of stick. Novogratz does not exclude tremors. He observes the dollar melting, policies vacillating, and recalls that speculation likes the roller coaster. Even optimists must keep their belts attached, especially if the scenario of a Bitcoin at a million dollars is essential with the continuation of the adoption.

Too many prophets for a single bitcoin?

Mike Novogratz is not alone in The Ultra-Haussiers club. There is also Michael Saylor, the unbeatable maximalist. He has more than 580,000 BTC via microstrategy. And he hammers that ” Bear Market is finished ». Cathie Wood for its part announces a BTC at 2.4 million dollars by 2030. Robert Kiyosaki, more dramatic, sees Hyperinflation push gold at $ 25,000… And Bitcoin at 1 million.

A Fan Club of Dreamers? Not exactly. All These names manage billionsinfluence markets, and have service states. We could smile in front of their fiery predictions. But their arguments are based on macro data: dedollarization, financial instability, leak to alternative assets.

There is one question: is their enthusiasm a strategic lucidity or a simple confirmation bias? Because when you are exposed to the BTC thoroughly, it is better to believe it. Dreaming high is also self-person. But when so many voices converge, difficult to sweep everything with a back of hand.

Reason to keep or green light to dream of the BTC?

Back in 2022. Mike Novogratz recognized that ” The fraudulent and poorly managed projects have started confidence in crypto ». He did not hide his frustration. Yet, He remained convinced that ” the industry was going to strengthen »» After this purge. Today, he puts his tokens on the table. But this time there is a difference: the signals are better.

The dollar drops, funds are reorganized, and the BTC is above $ 100,000. Can we hope without naivety? He thinks.

Many BTCs have been lost, more than it remains to be undermined.

Rarity is tightening. And those who understood it do not want to wait.

Here is what the figures say:

• More than 12,800 BTC are held by Galaxy Digital to date;
• 3 % of the total offer is already in the hands of institutional funds;
• $ 70 billion is managed by the most imposing ETF Bitcoin;
• Bitcoin has jumped 50 % over the last 12 months;
• The symbolic ceiling of the million is only a macro lever effect combined with rarity.

So yes, dreaming is not prohibited. But keeping the mind clear is essential. Each more BTC attracts new looks. Each dollar more weighs heavier. It is up to everyone to read the painting… or to paint their own trajectory there.

There are those who target the stars, and those who calculate orbit. In this second group, the Bernstein house keeps its head cold. She does not promise the moon, but announces a Bitcoin $ 200,000 this year. A more modest CAP, but which, at the time of the big flights, could well be the most lucid prediction of the moment.