Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect its price to drop to levels seen in March when it crashed to under $4,000. Instead, he asserts that “bitcoin prices shouldn’t fall below $12,000 in this current cycle.” Evidence of a Supporting Bitcoin Price According to a report , the bitcoin bull says unlike 2017, current “evidence supporting bitcoin prices is better than it’s ever been.” Novogratz repeats the now widely accepted view that institutional investors are driving the current bull market. Novogratz explains: This rally is being driven by institutions slowly getting into this space, high net-worth individuals, hedge funds, real institutions. Bitcoin’s become a macro-asset. The participation by these players along with increase...