The Famous CEO Explained: When Will the Bitcoin (BTC) Rally Continue?

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CEO of financial services firm deVere Group Nigel Green, three competitors shared their thoughts on the smart contract platform. In addition, Green also gave tips on october long the Bitcoin rally will last.

How Long Will the BTC Rally Continue?

Green, Bitcoin pricethis is at least the 2nd of 2022 due to concerns about rising inflation. he thinks that it can continue to rise until a quarter, and “These latest data from the United States will also increase global fears about inflation as price pressures increase around the world. It is likely that the Bitcoin rally will last at least until the beginning of the second quarter of 2022, when the pressures will begin to ease.” he used his words.

According to Green, the markets are not moving in a straight line in the face of the latest news, Bitcoin price and therefore the price of other crypto currencies will continue to rise for some time between some dec and peaks to be seen during the period.

Because according to Green, Bitcoin is generally seen as a protection against inflation due to its limited supply. It seems quite normal to expect an increase in the BTC price in an environment where there are expectations of an increase in inflation.

In addition, the president of the deVere Group october, Bitcoinhe also says that he left gold behind as a hedge against inflation:

During this inflationary period, Bitcoin has so far outperformed gold, being almost universally perceived as a means of protection from eventual inflation.

Ethereum, Solana and Cardano

In addition, the valuation of Bitcoin price I ethereu (ETH), Solana (LEFT) and Cardano (ISLAND) he thinks it will positively affect other crypto assets, including:

Bitcoin’s attraction over other digital assets will manifest itself again this week, pulling up other major cryptocurrencies while maintaining its own strength. We can expect cryptos related to fintech development, such as Ethereum, Solana and Cardano, to perform particularly well.

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