Will Bitcoin hit $9000 by the end of the year? Expert speaks out

Mike Novogratz, who has been a Bitcoin Bull, has once again Revised his forecast for Bitcoin saying that it may not even hit $9000 by the end of the year. His reasoning is that small blockchain firms have been hit so hard by the price downturn that they’ve been forced to sell some of their assets just to cover operating expenses and payroll. However, he is still bullish on the overall market, saying that it will hit an all-time high in 2019.
I believe the market will rebound faster than that in November and December of 2018 because of the launch of things like Bakkt and ErisX that are backed by Big Wall Street Firms. The growth in Coinbase and its valuation at $8 billion dollars and the launch of Fidelity financial products at the end of this year further strengthens my beliefs in a bull run towards the end of this year.

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