"I don't think you see selling in the mid to low 80s from long-term holders. Speaking about these long-term holders, another way in which they have potentially been generating yield and cash from their holdings, and I don't know if you've also seen this from your end at Galaxy on the desks there, but it's been this theory has been propagated by um the guys over at Bitwise, I think was Matt Hogan and Jeff Park more recently, is OG's basically selling covered calls. Yeah, that's going to continue to happen."
By Coin Bureau | December 17, 2025 | Pending
From video
Mike Novogratz on BTC's Slide, Altcoins & Big 2026 Predictions 00:07:34 - 00:08:04
Interpreted Prediction
Bitcoin will not fall below $70,000, as long-term holders are unlikely to sell at mid to low $80,000s. Selling covered calls by OGs will continue and weigh on the market.

Prediction Details

Ticker
Initial Price
86,229.09 USD

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