deVere Group CEO Nigel Green Predicts Bitcoin Will Hit $150,000 by Year-End
Green points to support from U.S. President Donald Trump and macroeconomic factors as key drivers behind this forecast.
Bitcoins Potential Boost from Trumps Crypto Support and Tariff Policies
In a new video update, Green highlighted that Trumps endorsement of cryptocurrencies could play a significant role in pushing Bitcoin to new heights. Additionally, the CEO suggested that Trumps tariff policies might create macroeconomic turmoil, which could drive investors toward safe-haven assets like goldand Bitcoin, often referred to as digital gold.
Green noted that, while traditional investors flock to gold during times of uncertainty, Bitcoin provides a modern alternative, especially for those looking for a decentralized, digital option. Bitcoin has the opportunity to do incredibly well, Green said, further forecasting that Bitcoin could hit $150,000 by year-end.
At the time of writing, Bitcoin is trading at $87,163, holding steady for the day. Greens prediction of a $150,000 price target reflects his belief in Bitcoins increasing appeal as both a store of value and a speculative investment in uncertain times.
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