Novogratz: Bitcoin Must Break $100K for Uptrend

Mike Novogratz has highlighted concerns over the U.S. dollar’s status as a reserve currency, citing rising gold prices as an indicator of its decline. He also noted that the sell-off in long-term bonds is a negative sign for the market. Bitcoin, according to Novogratz, has been underperforming due to ongoing sell pressure and needs to break through the $100,000 to $103,000 range to confirm a return to an upward trend.