Latest news, DeVere Group's CEO Nigel Green predicts that the price of Bitcoin could soar to $150,000 in June 2025! At the time of this statement, the price of Bitcoin broke the $100,000 mark for the first time last week!
Green stated that Bitcoin has grown 134% this year, and he expects the momentum to continue. He had previously predicted that the price of Bitcoin could reach $120,000 after Trump's presidency. Now, given the spread of investor FOMO sentiment and a significant increase in institutional investment, he believes the price of Bitcoin is likely to rise to $150,000 by mid-2025.
He believes that dual momentum is driving the recovery of the cryptocurrency market, making Bitcoin an essential investment. At the same time, the psychological barrier of $100,000 acts like a magnet, attracting investors who fear missing out, and the continuous new highs of Bitcoin will create a snowball effect, drawing more investors in.
In addition, institutional investment is changing the game. Over the past year, major financial institutions have expanded their investments in Bitcoin in various ways, which has increased market liquidity, enhanced credibility, and driven the continued rise in Bitcoin prices.
Currently, with ongoing inflation and geopolitical uncertainties, Bitcoin's status as a safe-haven asset has significantly strengthened, increasing its appeal to global investors.
Green also pointed out that Trump's support for Bitcoin and the appointment of the new SEC chairman both indicate the U.S.'s commitment to digital asset compliance. It is expected that a series of measures will improve regulatory transparency in the industry, thereby enhancing investor confidence.
However, he also reminds us that the road to Bitcoin reaching $150,000 will not be completely smooth; short-term sell-offs and market adjustments are inevitable, but these are all part of a healthy market cycle.
In summary, Green's prediction that Bitcoin will reach $150,000 by mid-2025 demonstrates his firm confidence in Bitcoin's future development. Factors such as support from Trump, the new SEC chairman, demand from institutions and retail investors, along with U.S. inflation and geopolitical uncertainties, have collectively created a so-called "perfect storm" for Bitcoin's development.
Do you agree with Nigel Green's views? Do you think Bitcoin can reach $150,000 next year?
