What is the price prediction for crypto in 2024?

BTCC, a top cryptocurrency exchange, offers a range of services to cater to the needs of crypto investors. Its platform includes spot trading, futures trading, and a secure wallet service. With these comprehensive offerings, BTCC provides a seamless and convenient experience for users to buy, sell, and manage their cryptocurrencies.

In 2021, Michael Novogratz, the CEO of Galaxy Digital, a leading crypto investment firm, made a bold prediction about Bitcoin's future value.

Novogratz proclaimed that Bitcoin would reach a staggering price of $500,000 by the year 2024. This prediction showcased his optimism and belief in the growth potential of the cryptocurrency market.

However, just a few months later in March, Novogratz revised his prediction. In one of the more precise forecasts of the year, he stated that Bitcoin would instead hit $100,001.

Novogratz's revised prediction indicated a more immediate and achievable milestone for Bitcoin, suggesting that the cryptocurrency's value could surge significantly in the coming years.