Bitcoin is primed for a bull run of $ 7,000 later this year, a major global asset management and financial advisory company said in early Tuesday morning.
DeVere: Crypto Winter is Over & Bitcoin Will Boom
Nigel Green, founder and CEO of DeVere Group, a financial adviser and securities management company of $ 10 billion for high-quality individuals, says the crypto winter is over:
" I now call that the market has bottomed out and the so-called crypto winter has come to an end. I think Bitcoin will now move higher in the next few weeks and months, giving even gains for investors. have a positive impact on prices in the wider crypto sector. "
Green made its prediction in the midst of an absolute geyserblast in bitcoins price:
DeVere Group's bitcoin price target later this year is $ 7,000, and Green argues that inflation is driven by both the individual and institutional FOMO (Fear of Missing Out) that inevitability of encryption disturbances becomes more apparent:  " This dramatic leap is likely to attract many sidelined investors, and it can be expected to rule institutional interest. "
" I feel there is a growing sense among institutions that, unless they accept this sector, competitors can Move far out in front and they can make it difficult to catch up, this is especially true when the audience – their customers – is increasingly eager to explore the possibilities themselves. "
FOMO: A Good Reason To Be Afraid ?
Like greed for the right things – and for the right reasons can be good – fear of the right things, and for the right reasons you can be smart.
Fear of the unknown, of what one cannot see, of what one does not understand; the kind of fear that comes from anxiety, blindness and paralysis; the kind of fear that causes business people to do nothing while their livelihood is disturbed: it is useless fear.
But that kind of fear of missing out on DeVere's reference is fear based on what investors look at, what they now know and understand to be true (better late than never): That if they don't interfere, want someone else. It is useful fear.
Because the financial industry will not be disturbed in the near future. has already been interrupted irreversibly.
And every Investor on the planet should be very scared to miss the most relevant and valuable technological revolution since the Internet.
Big money is on the go
It is obvious today that fear traces smart people with a lot of money on the line to take action to join a technological revolution that they cannot beat.
DeVere Group estimates a 40% increase in the market value of bitcoin this year, just as bitcoins price spiked 20% in a matter of hours. The sudden boom was driven by a well-coordinated whale of an anonymous $ 100 million worth of bitcoin.