BTC Price to Skyrocket by the Year’s End, Predicts deVere CEO
Nigel Green believes investors will soon shift their focus towards riskier assets such as bitcoin, which could boost the latter’s price towards the year’s end.
According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary cryptocurrency is highly correlated to global stock markets, and the decline for all is close to an end.
In a recent statement, Green stated there are good indicators that the bottom for bitcoin is near as “tracking services reveal that “insiders” are on a buying spree.” In his view, many people have taken advantage of the current situation, increasing their crypto holdings at lower prices so they can “grow wealth in the longer term.”
According to Nigel Green – CEO and Founder of deVere Group – investors should expect a “significant bounce” of bitcoin’s USD valuation in Q4, 2022. In his view, the primary cryptocurrency is highly correlated to global stock markets, and the decline for all is close to an end.
In a recent statement, Green stated there are good indicators that the bottom for bitcoin is near as “tracking services reveal that “insiders” are on a buying spree.” In his view, many people have taken advantage of the current situation, increasing their crypto holdings at lower prices so they can “grow wealth in the longer term.”
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