{"id":25813,"date":"2023-07-20T21:50:45","date_gmt":"2023-07-20T21:50:45","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/07\/20\/im-more-comfortable-being-long-bitcoin-today\/"},"modified":"2023-07-20T21:50:46","modified_gmt":"2023-07-20T21:50:46","slug":"im-more-comfortable-being-long-bitcoin-today","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/07\/20\/im-more-comfortable-being-long-bitcoin-today\/","title":{"rendered":"\u2018I\u2019m more comfortable being long Bitcoin today\u2019"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/175746981_m_normal_none-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/175746981_m_normal_none-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/175746981_m_normal_none-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/175746981_m_normal_none-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/07\/175746981_m_normal_none.jpg\" alt=\"galaxy digital ceo shares view on bitcoin\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Michael Novogratz places Bitcoin and Gold in the identical bucket.<\/li>\n<li>Wolfe Research strategist reiterated his bullish view on BTC.<\/li>\n<li>Bitcoin is presently up 80% versus the beginning of the 12 months 2023.<\/li>\n<\/ul>\n<p>Owning <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a> at this time is nowhere as scary because it was about six months in the past, says Michael Novogratz \u2013 the Chief Executive of Galaxy Digital.<\/p>\n<h2>Novogratz shares his view on Bitcoin<\/h2>\n<p>Interest charges continued to go up this 12 months; FTX collapsed; the U.S. Securities &amp; Exchange Commission got here down laborious on <a href=\"https:\/\/coinjournal.net\/news\/the-sec-strikes-again-first-binance-now-coinbase\/\">bellwethers<\/a> of the crypto area.<\/p>\n<p>And but, Bitcoin has outperformed each different monetary asset \u2013 now up 80% year-to-date.<\/p>\n<p>What that establishes past doubt, as per Novogratz, is that the world\u2019s largest cryptocurrency is right here to remain. On CNBC\u2019s \u201c<a href=\"https:\/\/www.cnbc.com\/video\/2023\/07\/20\/im-more-comfortable-being-along-bitcoin-today-than-i-was-6-months-ago-galaxy-digital-ceo-novogratz.html\" target=\"_blank\" rel=\"noopener\">Squawk Box<\/a>\u201d, he stated:<\/p>\n<blockquote>\n<p>The normalization of 5.0% finances deficit \u2026 is why Bitcoin, gold, silver commerce nice. I put all of them in the identical bucket. Bitcoin has bought the extra adoption cycle.<\/p>\n<\/blockquote>\n<h2>Novogratz sees Bitcoin as digital gold<\/h2>\n<p>Novogratz drives his optimism additionally from <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-07-03\/blackrock-s-bitcoin-etf-application-is-refiled-by-nasdaq-to-sec\" target=\"_blank\" rel=\"noopener\">BlackRock Inc<\/a> that has just lately filed with the regulator for a Spot Bitcoin ETF which may increase institutional curiosity within the digital asset.<\/p>\n<blockquote>\n<p>I\u2019m more comfortable being long Bitcoin at this time than I used to be six months in the past. I like to consider BTC as digital gold to retailer worth.<\/p>\n<\/blockquote>\n<p>Meanwhile, <a href=\"https:\/\/www.ft.com\/content\/1d1de06a-a904-4db3-9017-4c061bd6854d\" target=\"_blank\" rel=\"noopener\">Jacobi Asset Management<\/a> is all set to debut its Bitcoin-focused exchange-traded fund in Europe by the tip of this 12 months.<\/p>\n<p>Also on Thursday, Wolfe Research strategist Rob Ginsberg reiterated his bullish view on BTC. He agreed, although, that the cryptocurrency has to battle an uphill battle to reclaim its former highs.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/galaxy-digital-ceo-shares-view-on-bitcoin\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Michael Novogratz places Bitcoin and Gold in the identical bucket. Wolfe Research strategist reiterated his bullish view on BTC. Bitcoin is presently up 80% versus the beginning of the 12 months 2023. Owning Bitcoin at this time is nowhere as scary because it was about six months in the past, says Michael Novogratz \u2013 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,4500,641,371],"class_list":["post-25813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-comfortable","tag-long","tag-today","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=25813"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25813\/revisions"}],"predecessor-version":[{"id":25814,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25813\/revisions\/25814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/25815"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=25813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=25813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=25813"}],"curies":[{"name":"wp","href":"https:\/\/ap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