Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money
Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.
Without the bitcoin current transaction issues, bitcoin can reached $40,000 or even higher as it has so many potentials and everybody loves bitcoins. The demand of bitcoin was unbelievable in 2017 but due to the high transaction fee and slow transaction speed, people started losing interest in bitcoin and start looking for another solution.