The founder of the Bank Galaxy Digital Mike Novogratz is confident that the first bitcoin manages to overcome key resistance levels by the end of this year. It is about $8800 and $10 000.

He stressed that institutional investors are already creating the necessary infrastructure for them to interact with digital assets, and added that venture capital in the region bear market for cryptocurrency projects not even started.

Novogratz also said that the emergence of Web 3.0 and fully decentralized systems is inevitable.

Earlier, legendary investor said that the market of digital assets finally reached “bottom”.