The billionaire, a former banker from wall street and bitcoin enthusiast Mike Novogratz (Mike Novogratz) recently became considerably less likely to appear in public and to make predictions about the exchange rate of bitcoin. Recently, however, he expressed the view that the growth of cryptocurrencies will have to wait a few more months.

Realizing having tweeted about crypto in a while. It’s a grind. Don’t think we head north for at least a few more months. Always take longer for institutions to move. Very confident they will. Tons of activity under the hood. Stay the course.

— Michael Novogratz (@novogratz) February 1, 2019

“I realized that not very long ago was just tweeting about cryptocurrencies. Now collect the harvest, and I don’t think we’ll be going North for a few months. Agencies always need a lot of time to start moving, but I’m sure they will. A huge amount of activity inside. Don’t go off course,” wrote Novogratz on his Twitter.

The statement of the founder of the cryptocurrency Bank Galaxy Digital reality platform Bakkt still being developed, the Commission on securities and exchange Commission has not approved the application for a bitcoin ETF filed VanEck and SolidX, a cryptocurrency solution Fidelity just finishes the testing.

And yet Novogratz sure that the big investors with wall Street, global banks and the world’s richest people will start to come in the cryptocurrency industry. Moreover, according to a former partner at Goldman Sachs who now runs multiple processes “under the hood” of the industry.

Previously Mike Novogratz noted that the bitcoin is unlikely to fall even lower. In his opinion, in the foreseeable future the course is the first cryptocurrency is likely to fluctuate between $3000 and $6000.

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