Crypto investor Novogratz does not see Bitcoin crossing $100K in 2026

Galaxy Digital CEO Michael Novogratz said he does not expect Bitcoin (BTCUSD) to cross $100,000 in 2026, citing a recent swing from about $60,000 up to $80,000. The comment came during Galaxy’s Q1 call and underscores a more tempered institutional outlook that could cap bullish positioning and reduce upside expectations near term. Bitcoin was trading around $76k in the article’s snapshot, down roughly 1.9%, highlighting ongoing volatility. The view may weigh on short-term risk appetite for crypto investors while leaving longer-term narratives intact.