BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Here’s When the Bitcoin and Crypto Bear Market Will End, According to deVere Group CEO Nigel Green

Here’s When the Bitcoin and Crypto Bear Market Will End, According to deVere Group CEO Nigel Green
Financial advisory firm deVere Group CEO Nigel Green is optimistic that the crypto bear market is months away from coming to an end.
Green says that the prices of Bitcoin ( BTC ) and other crypto assets will rise once inflation starts slowing down and the central banks begin loosening monetary policy.

According to Green, the assets that depreciated following the rate hikes such as cryptocurrencies could start rallying in April 2023.
“Assets that most benefitted from low-interest rates were, naturally, hit hardest in 2022 by the hikes. These include stocks, especially in the tech sector, and cryptocurrencies, among other risk assets.
We expect as the program unwinds, which is likely to be in the second quarter of 2023, these will be the assets that will experience some of the biggest rallies.
Although the high-octane rush of previous rallies is unlikely, instead we will see a steadier, continued upward trajectory for Bitcoin when the unwind kicks off.”
Arguing that “confidence is creeping back into the markets,” Green says that the current price of Bitcoin is attractive to long-term investors.
“Many serious, long-term investors will be using the current lower valuations as a buying opportunity…
One good thing about the hikes has been that as the sugar rush of free money faded away, we could see the real value of assets.
Despite coming down 70% from its hype and heat-fuelled November 2021 high, Bitcoin remains the best-performing asset class of the decade.”
Bitcoin is trading at $16,632 at time of writing.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter , Facebook and Telegram

Surf The Daily Hodl Mix



Check Latest News Headlines

 


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/andreync/Fotomay
The post Here’s When the Bitcoin and Crypto Bear Market Will End, According to deVere Group CEO Nigel Green appeared first on The Daily Hodl .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Here’s When the Bitcoin and Crypto Bear Market Will End, According to deVere Group CEO Nigel Green


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News



Dokky PRO - Bookcase Shop Script