Galaxy Digital CEO Mike Novogratz has projected that Bitcoin could soar to $200,000 if the Federal Reserve adopts a dovish monetary policy following a leadership change. Novogratz suggests that aggressive interest rate cuts and a weakening dollar would drive investors towards risk assets, including Bitcoin. Currently, Bitcoin is trading around $109,450, and a shift in Fed policy could significantly increase upward pressure on its price. Market reactions are anticipated to hinge on official appointments and confirmed policy changes.