bitcoin bull

bitcoin bull

The CEO of Devere Group, a financial advice and asset management organisation, predicts a large increase in bitcoin's price in the fourth quarter of this year.

The CEO of Devere Group, a financial advice and asset management organisation, predicts a large increase in bitcoin’s price in the fourth quarter of this year.

One of the primary causes driving the bitcoin boom, according to Nigel Green, is that investors are utilising BTC as a hedge against excessive inflation.

bitcoin is now heavily connected with major global financial markets, such as the S&P500 on Wall Street. Devere CEO Michael Green believes bitcoin will see a bull run, which will be fueled by “more participation from significant institutional investors.”

According to a poll conducted in April, 80 percent of institutional investors believe cryptocurrency will surpass traditional investments, 70 percent feel cryptocurrency is a reliable investment, and 68 percent actively suggest this asset class.

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