Billionaire investor Mike Novogratz maintains a positive outlook on cryptocurrency despite facing macroeconomic challenges and geopolitical risks. According to NS3.AI, Novogratz emphasizes the growing involvement of retail and institutional investors in exchange-traded funds (ETFs) as a supportive factor for the market. He observes that Bitcoin is currently consolidating below $100,000 but anticipates a significant bullish breakout once it exceeds the $100,000 to $104,000 range and sustains above it.