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Recently, the globally renowned financial consulting firm deVere Group released a compelling forecast report. The report indicated that, under the combined effects of multiple favourable factors, the price of Bitcoin is expected to break through the important threshold of $150,000 by the end of 2025.
Nigel Green, the CEO and founder of deVere Group, analyzed the four main forces underpinning this optimistic expectation. First, with the launch of spot ETFs, a massive amount of institutional funds is flowing into the Bitcoin market at an unprecedented scale. Second, an increasing number of publicly listed companies are starting to incorporate Bitcoin into their strategic reserve assets, further increasing market demand. Third, the U.S. government's positive attitude towards the Bitcoin asset class has injected confidence into the market. Finally, recognition and adoption of Bitcoin at the sovereign level are also continuously increasing, providing strong support for its long-term development.
Green believes that the combined effects of these factors have not only driven the strong recent surge in Bitcoin but are also the main reason for maintaining the expectation that Bitcoin will reach a target of $150,000 by the end of 2025. With the continued development of these trends, the Bitcoin market is expected to welcome a broader development space in the coming years.
However, investors should also be aware that the cryptocurrency market has always been highly volatile, and any predictions carry uncertainty. When making investment decisions, one should fully consider their own risk tolerance and maintain a cautious attitude.