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Mike Novogratz

Mike Novogratz

Galaxy Digital
Photo: CC BY 2.0
0 of 1 correct

0 correct, 1 missed. Quotes in curly quotation marks are verbatim; everything else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.

Scored calls

Said 2021-02-28 · deadline Dec 31, 2021Missed
“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” - Bitcoin
What happened: BTC peaked ~$69K and closed 2021 ~$46K

Where they stand

Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.

BearBitcoin & Crypto 2026-07-18
Rejects the Tom Lee $100k year-end call; says a break higher needs the Clarity Act, Fed cuts and a fresh buyer base, none of which he sees.
“80 is gonna be a top... But I would say we're 60/80 for the rest of the year”
Mike Novogratz · Galaxy Digital · markets @Bitcoin
Bitcoin since this was said: -0.1% · 64,796 → 64,703 · as of 2026-08-05
BullBitcoin & Crypto leaning · 2026-07-18
Too many store-of-value holders committed for it to break down.
“I think Bitcoin probably holds 60,000.”
Mike Novogratz · Galaxy Digital · markets @Bitcoin
Bitcoin since this was said: -0.1% · 64,796 → 64,703 · as of 2026-08-05
BearBitcoin & Crypto leaning · 2026-07-18
Avalanche/Solana-type 'association tokens' that added no economic value.
“some will survive, but many will drift down because they were really association tokens.”
Mike Novogratz · Galaxy Digital · markets @Altcoins
Bitcoin since this was said: -0.1% · 64,796 → 64,703 · as of 2026-08-05
BearBitcoin & Crypto leaning · 2026-07-18
Vitalik's reduced presence weakened Ethereum's store-of-value case.
“less presence hurt that ecosystem because he was such a charismatic in his own way and brilliant and decent guy”
Mike Novogratz · Galaxy Digital · markets @Ethereum
Bitcoin since this was said: -0.1% · 64,796 → 64,703 · as of 2026-08-05
BearBitcoin & Crypto leaning · 2026-07-18
Says Saylor is not a fraud but is over-levered and a drag on BTC.
“he put too much leverage onto a big pile of coins and he's got to dig himself out of this over leveraged position.”
Mike Novogratz · Galaxy Digital · markets @Bitcoin
Bitcoin since this was said: -0.1% · 64,796 → 64,703 · as of 2026-08-05
HoldThe Fed 2026-07-18
Inflation good enough to avoid hikes, not soft enough for cuts.
“I don't think we cut rates this year. I think we'll be good enough not to hike them.”
Mike Novogratz · Galaxy Digital · economy @Fed funds path
NeutralThe Fed hedged · 2026-07-18
A fall hike conditional on inflation staying sanguine.
“I don't think Kevin hikes rates at this next meeting but he probably does it in the fall”
Mike Novogratz · Galaxy Digital · economy @Fed funds path
BearThe S&P 500 2026-07-18
Record leverage exceeding 1929, 2007 and 1999 peaks.
“we have never, ever had as much leverage... it's a very dangerous place to be.”
Mike Novogratz · Galaxy Digital · markets @US equities
S&P 500 since this was said: +3.8% · 7,458 → 7,742 · as of 2026-08-05

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