🎆 New Year, New Luck! Join the Ultimate Lucky Draw Celebration!
🎉 Gate.io Community Honor Credits New Year Lucky Draw - Phase 6 is officially live!
Start the lucky draw now 👉 https://www.gate.io/activities/creditprize?now_period=6
🌟 How to Participate?
1️⃣ Go to the [Credits Center] in Gate Post and complete tasks like posting, commenting, and liking to earn Honor Credits.
2️⃣ Lower entry threshold: Earn 300 credits to get one entry into the lucky draw!
🎁 Enter the draw for a MacBook Air, exclusive merchandise, Points, Futures Voucher and more!
📅 Event Time: Dec 30, 2024, 07:00 AM - Jan
FOMO Could Catapult Bitcoin to $150K by Mid-2025 — BTC to Become a 'Must-Have' Asset
Bitcoin is forecast to soar to $150,000 by mid-2025, as surging FOMO and institutional investment drive ultra-bullish momentum in the cryptocurrency market.
Bitcoin Could Hit $150K by Mid-2025 as FOMO Sends Markets Into Overdrive
Nigel Green, CEO of financial advisory firm Devere Group, has predicted that bitcoin could climb to a new high of $150,000 by mid-2025. The executive made the forecast shortly after the cryptocurrency surged past $100,000, a milestone it achieved for the first time last week.
“Bitcoin is up an astonishing 134% year-to-date,” Green noted, emphasizing the favorable conditions driving its rise. “We believe the stage is set for even greater highs in the months ahead.” He attributed this momentum to a combination of rising institutional investment and investor fear of missing out (FOMO). Green said:
Institutional buy-in has been a transformative factor. Financial institutions have expanded their exposure to bitcoin via direct holdings, exchange-traded funds (ETFs), and partnerships with crypto firms, boosting liquidity and credibility. Meanwhile, FOMO continues to grow, with the $100,000 level acting as a psychological trigger for investors eager to capitalize on the rally, Green explained, emphasizing:
Additional factors include persistent inflation and geopolitical uncertainty, which are enhancing bitcoin’s appeal as a safe-haven asset. Green also highlighted regulatory developments under Donald Trump’s presidency, including a pro-crypto U.S. Securities and Exchange Commission (SEC) chair, which is expected to bring greater clarity and confidence to the market. While acknowledging potential short-term sell-offs, Green expressed optimism, concluding that a perfect storm is brewing for bitcoin to potentially hit $150,000 by mid-2025.