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Famous CEO's Relaxing Prediction for Bitcoin: It Could Double by Year-End! - Coin Bulletin
deVere Group CEO Nigel Green expects Bitcoin to reach levels of $150,000 by the end of (.
In his statements, Green stated that U.S. President Donald Trump's support for cryptocurrencies could significantly strengthen Bitcoin, pushing its price to $150,000 by the end of the year. He also said that the uncertainties that Trump's tariff policies will create in the world economy may push investors to seek safe havens. In this context, investors may turn to digital alternatives such as Bitcoin instead of traditional safe assets such as gold.
Green stated that Bitcoin can be positioned as a valuable asset like digital gold and therefore can attract interest especially during times of economic uncertainty. He mentioned that Trump's support for cryptocurrencies and his economic policies have come together to present a significant opportunity for Bitcoin. The target of $150,000 is, according to Green, an achievable number for Bitcoin.
Bitcoin has started to be compared to traditional valuable assets like gold in recent years. Seen as a safe haven in the digital world, Bitcoin attracts the interest of investors during times of increased economic uncertainty.
Bitcoin is trading at the level of 85,149 dollars at the time of writing the news.