Dec 19, 2018
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Bitcoin [BTC] bull Brian Kelly capitulating is good sign indicating bottom is near, says Mike Novogratz

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Mike Novogratz, spoke with Bloomberg about the recent rally of Bitcoin and the capitulation that many people are going through with the plunge in the prices. He also touched on Bitcoin being the store of value for the future and compared it to the gold market.

Novogratz said that his company has been busy with asset management, OTC trading, and advisory businesses even though the market has been taking hits. He added that it was tough getting money from outside investors, but that it would get easier as institutions step in.

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