$BTC's 2026 Renaissance? 🚀
Galaxy CEO Mike Novogratz believes 2026 could be a pivotal year for crypto, despite the current "stalled" state. He’s watching for a decisive break above $100,000 to signal real momentum.
Interestingly, Novogratz sees the current lack of hype as a bullish sign – a classic contrary indicator. He notes the negativity surrounding $BTC and the broader crypto market suggests we might be closer to a bottom than many realize. 📉
He points out that while gold has surged on macro fears, Bitcoin hasn’t followed, despite being touted as “digital gold.” The fundamentals are there, he argues, but the price hasn’t responded yet.
Adding a critical macro perspective, Novogratz warns about Japan’s rising interest rates, viewing it as a potential “canary in the coal mine” for the US and global markets. A shift in Japanese monetary policy could foreshadow challenges ahead if US inflation forces similar rate hikes.
#CryptoOutlook #Bitcoin #MacroAnalysis #MarketInsights 💡
