Nigel Green, the CEO of deVere Group, a prominent financial advisory organization, has projected that ‘s value could reach $150,000 by mid-2025. This forecast follows the cryptocurrency‘s recent surge above $100,000, a milestone it achieved last week for the first time.
According to Green, Bitcoin has seen a remarkable increase of 134% year-to-date, and he anticipates that this upward trend will continue. He had previously predicted a rise to $120,000 following the inauguration of Donald Trump, and now, with growing investor fear of missing out (FOMO) and increased institutional investment, he believes that Bitcoin’s price could soar even higher.
Green attributes the resurgence of the crypto market to dual momentum from investor FOMO and institutional investment, which he says is establishing Bitcoin as a vital asset in investment portfolios. He explains that as Bitcoin reaches new heights, it generates a snowball effect where investors, eager to capitalize on gains,…
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