Bitcoin Set for 2017-Style Explosion by End of the Year on Avalanche of Institutional Interest, Says deVere CEO

Bitcoin Set for 2017-Style Explosion by End of the Year on Avalanche of Institutional Interest, Says deVere CEO


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The founder and CEO of one of the largest independent financial advisories in the world says Bitcoin’s (BTC) 2020 close could look very similar to its epic 2017 boom.

Nigel Green, who spearheads deVere Group’s $12 billion under advisement, revealed his bold prediction in a new post, saying Bitcoin is poised to “surge before the end of 2020.”

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“‘There’s a growing sense that we’re set to experience a mini-boom similar to that at the end of 2017. Prices are yet to catch-up with investor interest – but this is only a matter of time as investors will not want to sleepwalk towards perhaps year-high prices in the run-up to the end of 2020.’”

Green says he believes a confluence of factors will trigger a big rally BTC before 2020 expires.

“‘There’s been something of an avalanche of interest in Bitcoin in recent weeks from household-name investors. Investor activity is picking up considerably with

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