Bitcoin News Today: Galaxy’s Novogratz Predicts 27% Bitcoin Surge to $150K by Year-End on Institutional Adoption and Macroeconomic Trends

Mike Novogratz, CEO of Galaxy Digital and billionaire investor, has reiterated his bullish stance on Bitcoin, forecasting the cryptocurrency could surge to $150,000 by year-end. His comments, made in July 2025 during an interview on CNBC’s Squawk Box, align with broader market optimism driven by institutional adoption and favorable macroeconomic conditions. Novogratz highlighted that Bitcoin’s trajectory hinges on sustained investor confidence and ongoing ETF inflows, though he emphasized that the $150,000 target is contingent on maintaining current market sentiment and avoiding shifts in U.S. monetary policy [1].

The prediction is grounded in Novogratz’s assessment of Bitcoin’s price discovery process, where he noted, “$150k seems to me a decent target,” acknowledging temporary seller interventions that have slowed momentum. He stressed that Bitcoin’s 27% increase from its current $118,000 valuation to $150,000 is achievable within the anticipated 2024-2025 bull cycle, provided macroeconomic trends remain supportive [1]. This forecast contrasts with his earlier, more aggressive prediction from a month prior that Bitcoin could reach $1 million, reflecting a strategic shift toward pragmatic positioning to bolster media credibility [1].

Novogratz’s analysis also ties Bitcoin’s potential to broader institutional adoption, as Galaxy Digital remains a key gateway for institutional exposure to digital assets. He reiterated that Bitcoin’s stability and market dominance position it to capitalize on favorable conditions, particularly if risk-on sentiment persists. However, he acknowledged a potential caveat: if President Donald Trump’s efforts to lower interest rates falter or reverse, it could disrupt the current trajectory. “If Trump changes his mind… that would change my thesis,” Novogratz cautioned, underscoring the cryptocurrency’s sensitivity to macroeconomic signals [1].

The feasibility of the $150,000 target is supported by Bitcoin’s recent performance, which has demonstrated resilience amid growing institutional participation. While some analysts view the projection as speculative, Novogratz’s track record of advocating for crypto adoption since 2015 lends credibility to his outlook. His prediction aligns with historical patterns observed during Bitcoin’s bull cycles, where exponential growth often follows periods of infrastructure development and regulatory clarity [1].

Source: [1] ZyCrypto, Bitcoin to Reach $150,000 Soon: Billionaire Investor Mike Novogratz

https://zycrypto.com/bitcoin-to-reach-150000-soon-billionaire-investor-mike-novogratz/