Bitcoin’s sharp recovery to take price beyond $7,000 in next week: Analyst

The price of Bitcoinis likely to recover to at least $7,000 in the next week, with the wider cryptocurrency market receiving amajor resurgence.This is the bullish forecast from Nigel Green, the chief executive of deVere Group, one of the world’s largest independent financial advisory and services organizations.It comes as the price of Bitcoin, the largest digital currency with acurrent market capitalisation of around $130bn, shot up by more than 20 per cent in 24 hours on Thursday.Mr Green, who launched the deVere Crypto app in 2018, says: “Global financial markets – such as stocks, oil, curre…

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