Founder of Galaxy Digital: Bitcoin may fall 13% to $6,500 due to recent negative news

Former hedge fund manager and credit investment bank Galaxy Digital CEO Mike Novogratz said the bitcoin's fall again could cause it to fall to $6,500 all the way, which would be 13% lower than current levels. He analyzed that many negative events have recently caused investor confidence to fall, such as the US SEC’s “emergency action and temporary restraining orders” against two offshore entities of Telegram’s TON ICO, and Zuckerberg’s hearing in Congress. The remarks of the meeting. He added that Bitcoin will "require new energy" to return to the $8,000 range.