Mike Novogratz, CEO of crypto management firm Galaxy Digital, is dramatically pushing up his bullish Bitcoin price prediction for 2021.

As more institutions embrace the flagship crypto asset, the Bitcoin bull predicts that the BTC price will more than double and hit $100,000 by the end of 2021.

“It feels like we’re going to consolidate a little bit here in this $50,000 area, caught [between] $42,000 to $60,000 but then the next big leg is up to $100,000, and that wouldn’t surprise me at all if we crack a hundred by the end of the year.”

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