{"id":267992,"date":"2024-03-20T03:29:46","date_gmt":"2024-03-19T21:59:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=267992"},"modified":"2024-03-20T03:29:46","modified_gmt":"2024-03-19T21:59:46","slug":"galaxy-digital-executive-predicts-steady-build-before-bitcoin-drives-higher-to-six-figure-price-target-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/galaxy-digital-executive-predicts-steady-build-before-bitcoin-drives-higher-to-six-figure-price-target-crypto-news\/","title":{"rendered":"Galaxy Digital Executive Predicts \u2018Steady Build\u2019 Before Bitcoin Drives Higher to Six-Figure Price Target &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A top Galaxy Digital executive thinks Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\">BTC<\/a>) will eventually reach $100,000 and beyond this market cycle.<\/p>\n<p>In a new interview with CNBC, Galaxy Digital\u2019s Global Head of Trading Jason Urban says $100,000 for BTC is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=n89S1Q1vlrQ&amp;t=418s&amp;ab_channel=CNBCTelevision\">within the realm<\/a>\u00a0of possibility.<\/p>\n<p>Based on Galaxy Digital CEO Mike Novogratz\u2019s $100,000 prediction and Standard Chartered\u2019s recent $150,000 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2024\/03\/18\/investment-giant-standard-chartered-raises-2025-bitcoin-price-target-to-150000-report\/\">forecast<\/a>, Urban says he\u2019ll split it down the middle and call for $125,000.<\/p>\n<p><em>\u201cI certainly think that $100,000 is expected by a lot of, I\u2019ll say, crypto natives. As you know, I\u2019m out here at the Digital Asset Summit in London this week and just talking to a lot of the crypto natives, you know, there really is an underpinning. And then you have a lot of traditional finance players stepping in as well. And so I don\u2019t think $100,000 is off the table.\u201d\u00a0<\/em><\/p>\n<p>Urban also hopes BTC can reach up to $150,000 after taking some time to rebuild momentum from its recent retracement.<\/p>\n<p><em>\u201cI certainly hope $150,000 is the right number, but it\u2019s how we get there too that\u2019s important, right? You need healthy price discovery and healthy market action. And so a little bit of a retracement here off of the $73,000 highs, I think you\u2019re going to see a steady build. It\u2019ll build a base in here and then all of a sudden start to really drive higher. So I\u2019ll play the diplomat and say $120,000, $125,000.\u201d<\/em><\/p>\n<p>BTC is worth $63,953 at time of writing, down 11% in the last week.<\/p>\n<p><iframe loading=\"lazy\" title=\"Bitcoin slips further below $68,000, adding to weekend losses: CNBC Crypto World\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/n89S1Q1vlrQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>\u00a0<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Featured Image: Shutterstock\/Marut Laijaroen<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A top Galaxy Digital executive thinks Bitcoin (BTC) will eventually reach $100,000 and beyond this market cycle. In a new interview with CNBC, Galaxy Digital\u2019s Global Head of Trading Jason Urban says $100,000 for BTC is within the realm\u00a0of possibility. Based on Galaxy Digital CEO Mike Novogratz\u2019s $100,000 prediction and Standard Chartered\u2019s recent $150,000 forecast, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":71315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-267992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/267992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=267992"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/267992\/revisions"}],"predecessor-version":[{"id":268006,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/267992\/revisions\/268006"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/71315"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=267992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=267992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=267992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}