deVere CEO Nigel Green: “BTC will be worth $60,000 in the near future”

In a groundbreaking moment for the cryptocurrency market, the CEO of deVere Group, a financial services company, predicts that the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) will push the price of Bitcoin to $60,000 by the end of March. Nigel Green, a staunch advocate of cryptocurrencies, sees this approval as a significant milestone for Bitcoin and the entire crypto market. He believes that the ETF approval will trigger a surge of capital into Bitcoin, driving its price even higher.

Moreover, Green argues that the accessibility of Bitcoin will be democratized with the introduction of a Bitcoin ETF, as it will encourage a wider range of investors to participate. This influx of new investors, coupled with growing investor enthusiasm, could propel Bitcoin to reach $60,000 this quarter and continue its upward trajectory throughout the year.

As the global embrace of regulated Bitcoin ETFs increases, Green is confident that Bitcoin will gain further recognition on the international stage, attracting an even broader investor base. The potential for widespread acceptance of spot Bitcoin ETFs globally underscores the growing legitimacy of the cryptocurrency.

Meanwhile, Catherine Wood, CEO of ARK Invest, takes a more ambitious stance, envisioning Bitcoin reaching an astounding $1.5 million within six years. With both Green and Wood expressing bullish sentiments on Bitcoin, it is clear that the future of the cryptocurrency market is poised for continued growth and potential significant returns.