CEO of DeVere Group Nigel Green, Ukrainian-Russian warhas pushed many people to seek financial alternatives, and that bitcoin‘I (BTC) claimed he could take it up to $50,000 by the end of the month.
The CEO of DeVere Group expressed his belief that the war will act as a catalyst for a surge in the price of BTC. Adding that it is not possible for Bitcoin to reach $ 50,000 at the end of this month under normal conditions, the CEO claimed that if the sanctions imposed by the Western world on Russia continue to increase, Bitcoin may reach $ 50 thousand by the end of the month. However, he also underlined that this rise will not be enough to take the leading crypto to a new ATH.
Despite the uncertainties brought by the war, Bitcoin, which has gained more than 15% in the last 5 days, according to many, attributes this rise to the collapse of the ruble due to the financial sanctions imposed on Russia.
Nigel Green, one of the supporters of this idea, said that the war caused great financial turmoil and companies, individuals and government institutions began to seek alternatives to traditional monetary systems.
He Could Predict Bitcoin’s Last ATH!
It is worth saying that the DeVere Group CEO has been extremely successful in his previous predictions. As a matter of fact, Green said last summer that Bitcoin could see or even exceed its all-time high of $ 65,000 by the end of 2021.