The argument is that there is an “enormous wall of money” that will flow to the bitcoin market in the coming years. https://bitcoinmaximalist.net/macro-strategist-raoul-pal-1m-bitcoin-in-five-years Furthermore, he shared a chart in which he compared Bitcoin’s price to banks’ performance in the last years. Touting Bitcoin as the unkillable “cockroach of finance” […] Bitcoin is like a call option to the emergence of cryptocurrencies in the world, said Raoul Pal, CEO of Real Vision. A lot of people have made 10 times their money and $100,000 is a round number, and people think, ‘Let me take half my chips off the table’ so I think we might see a longer correction.”. Investing in anything but Bitcoin is pointless He just said that investing in anything else but Bitcoin … You have a limited supply asset that now is a globally recognized brand that … A lesser-known trader by the username also shared Raoul Pal’s “prediction.” of Bitcoin to 1 million in 2025, based on a logarithmic growth model but considering 4-year cycles with more strength than Raoul’s method. Replying to a tweet which Anthony Pompliano ‘ Pomp ’ says he is 50% in Bitcoin, Pal, a well respected macro investor, responded saying he was over 50%. 52 mins Bitcoin Makes Investing in Other Assets ‘Look Pointless’, Says Former Goldman Sachs Exec Raoul Pal CryptoGlobe . He touches on the various crises that have encouraged the rampant printing by central banks and the destructive consequences this has left in its wake. Share on Facebook Share on Twitter Real Vision Finance co-founder Raoul Pal says a $1 million price tag on Bitcoin could be in the cards for this bull cycle. In this interview with Daniela Cambone, former hedge fund portfolio manager Raoul Pal discusses his views on the current state of the economy. There have been a lot of them, especially about Bitcoin lately. Bitcoin's popularity in on the grow these days, and the mass adoption of cryptos could not go any better. Global Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every way. The point being is that it is outperforming every asset class on Earth. You have a limited supply asset that now is a globally recognized brand that … Bitcoin zdołał ostatnio ustanowić nowe ATH. Crypto headlines delivered dailyto your inboxBTC, ETH, XRP news alert options. Why a Bitcoin Breakout Within the Next Few Weeks Is Looking Increasingly Likely, A Slightly Stronger Dollar Halts Bitcoin, but Long-Term Outlook Remains Unchanged, Bitcoin Price Is Under Pressure on Two Fronts: China and the United States, Santiment: Whales Are Accumulating These Three Altcoins, Dumping Others, Bitcoin’s Next Price Top Between $75K and $306K, says Kraken Research, New Theory Claims Satoshi Nakamoto Left Clues to Access Bitcoin Fortune, Whales Are Reportedly Going After These Three Altcoins, Hedge Fund Pushes Back on JPMorgan’s Claim That ETF Would Hurt Bitcoin, The Musk Effect: Research Shows Elon’s Impact on Crypto Prices, HYVE PancakeSwap Listing Date & BSC Bridge, Bitcoin Consolidates Around $55K Following Release of U.S. Bitcoin Real Vision Finance co-founder Raoul Pal says a $1 million price tag on Bitcoin could be in the cards for this bull cycle. Core Inflation Data, Bitcoin Back Above $54K Thanks to Declines in U.S. Dollar and U.S. Treasury Yields, Ethereum Update: ETH Price Action, EIP-1559, DEXs and Layer 2 Solutions, NFTs, Ethereum Update: ‘Berlin’ Hard Fork, EIP-1559, ETH 2.0 Beacon Chain, First ETH ETF, US Treasurys’ Sell-Off Punishes Stocks and Crypto Despite Continuous BTC Outflows From Coinbase Pro. Bitcoin po 1 000 000 USD. Raoul Pal is Not Alone. "I've never seen anything like what is going on right now. “I just use the regression line and used the trend of the [logarithmic] scale, and basically it says somewhere between PlanB’s [stock-to-flow model prediction] and $400,000 is right, but it could actually hyperextend to get as high as it did from the trend in 2013 which would give us $1 million. Source: Raoul Pal/Twitter According to Pal’s chart, Bitcoin might potentially lose over 17% from its current value of $48,689 as it is poised to revisit support around $40,000. Why Raoul Pal Calls For $1 Million BTC By 2025 Raoul Pal told Stansberry Research that bitcoin will cross the $1 million mark in the next five to six years. The former Goldman Sachs executive added that he hasn’t been covering bitcoin because of the nascent space surrounding it or its community, but because of its significant performance over the last few years. If you are an institution who wants to buy Bitcoin and you’ve got to get through all this rigmarole to get it signed off and the Coinbase IPO comes out and it’s a $60 billion company, and you can stick a few billion in, it’s a good enough proxy for a while.
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