FameEX Hot Topics | FOMO May Drive Bitcoin to $150K by Mid-2025, Making BTC a 'Must-Have' Asset

Nigel Green, CEO of Devere Group, has predicted that Bitcoin could surge to $150,000 by mid-2025. This forecast comes shortly after the cryptocurrency crossed the $100,000 milestone for the first time last week. Green noted that Bitcoin is up an impressive 134% year-to-date, driven by favorable market conditions. He believes the cryptocurrency is poised for even greater gains, supported by the growing institutional investment and the fear of missing out (FOMO) among investors.

Green attributes Bitcoin's momentum to the combination of institutional buy-in and investor enthusiasm. Financial institutions have significantly expanded their exposure to Bitcoin through direct holdings, exchange-traded funds (ETFs), and partnerships with crypto firms. This has boosted both liquidity and credibility, helping Bitcoin establish itself as a key player in the global financial landscape. At the same time, FOMO has intensified, with the $100,000 price level serving as a psychological trigger for investors eager to capitalize on the rally.

According to Green, as Bitcoin continues to achieve new highs, it triggers a snowball effect. The increasing price attracts more investors, which in turn pushes the price even higher, creating a cycle of rising demand and value. This momentum is playing a critical role in Bitcoin's resurgence, making it a “must-have” asset in many investment portfolios.

Other factors that contribute to Bitcoin’s growth include persistent inflation and geopolitical uncertainty. These elements are enhancing Bitcoin’s appeal as a safe-haven asset, providing investors with an alternative to traditional assets like gold and fiat currencies. Green also pointed out the positive regulatory changes under former President Donald Trump, which have further boosted confidence in the cryptocurrency market.

Despite the potential for short-term sell-offs, Green remains optimistic. He believes the current combination of factors creates a "perfect storm" that could push Bitcoin to $150,000 by mid-2025, making it an attractive investment for the future.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.