Nigel Green, CEO of deVere Group, a prominent financial advisory firm, has predicted that Bitcoin will reach $150,000 by mid-2025. The prediction comes after the cryptocurrency’s recent surge above $100,000, a milestone it achieved last week for the first time.
Despite his bullish outlook, Green warns that the journey to $150,000 will not be without challenges, including short-term sell-offs as investors take profits. He notes that these market corrections are a natural part of the market cycle and contribute to stronger, more sustainable growth.
Green’s revised forecast underscores his confidence in Bitcoin’s future, citing factors such as a Trump presidency, a crypto-friendly SEC chairman, growing institutional and individual demand, ongoing inflation, and geopolitical uncertainty as drivers behind a potential rally to $150,000 by mid-2025.