Podcasts Technology Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News 394: BITCOIN SMASHES $17K! BTC WILL HIT $65K AS NETWORK EFFECT HAS ‘TAKEN OVER’ SAYS MIKE NOVOGRATZ!

394: BITCOIN SMASHES $17K! BTC WILL HIT $65K AS NETWORK EFFECT HAS ‘TAKEN OVER’ SAYS MIKE NOVOGRATZ!

Published: Nov. 17, 2020, 3:31 p.m.

Bitcoin will hit $65,000 due to a combination of low supply and “tons of new buyers,” major BTC investor Mike Novogratz says.

In an increasingly popular Twitter debate on Nov. 17, Novogratz, who is well known for his prominent Bitcoin plugs, told actress Maisie Williams not to hesitate in buying the cryptocurrency.

Williams had released a poll asking Twitter followers whether or not she should invest in BTC.

At press time, the verdict was split, with 47% of the roughly 750,000 responses supporting an investment.

The poll soon caught the attention of famous Twitter users, among them Tesla CEO Elon Musk.

“I bought more BTC last night at 15,800. It’s going to 20K and (then) To 65K,” Novogratz commented.

“The network effect has taken over. I see tons of new buyers and there is very little supply. It’s an easier trade here (than) at 11K. So YES, buy it.”

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