Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in

Cointelegraph

Published Jun 14, 2022 10:42PM ET

Updated Jun 15, 2022 12:20AM ET

Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although one still warns of catastrophic outcomes should prices fall below established support levels.

Billionaire Mike Novogratz, the founder, chairman and CEO of digital asset merchant bank Galaxy Digital Holdings told a Morgan Stanley (NYSE:MS) conference on June 13 that cryptocurrencies may be close to a bottom, with Ethereum (ETH) likely to hold at $1,000 and Bitcoin (BTC) at around $20,000 to $21,000.

h3 Hayes warns of sell-off risk/h3 h3 Pal, Scaramucci loading up /h3

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