Bitcoin Heading to $15,000, Says CEO of Financial Consultancy Giant DeVere

The CEO of financial advisory giant deVere Group says Bitcoin’s recent price movements show the leading cryptocurrency is starting to solidify its status as a digital form of gold.

Nigel Green says he believes BTC will continue its 2019 rise and hit $15,000, reports The Independent.

“The world’s largest cryptocurrency, Bitcoin, jumped 10% as global stocks were rocked by the devaluation of China’s yuan as the trade war with the US intensifies.

This is not a coincidence. It reveals that consensus is growing that Bitcoin is becoming a flight-to-safety asset during times of market uncertainty.

Bitcoin is currently realizing its reputation as a form of digital gold. Up to now, gold has been known as the ultimate safe-haven asset, but bitcoin – which shares its key characteristics of being a store of value and scarcity – could potentially dethrone gold in the future as the world becomes increasingly digitalized.” Read More at DailyHODL...

#BTC #TA #Bullish