‘Enormous wall of money’ will send Bitcoin to $1M in 2025 — Raoul Pal
The largest cryptocurrency will “massively outperform gold” before that, says the Real Vision founder. Bitcoin (BTC) hitting $1 million by 2025 is “about right,” Real Vision founder and CEO Raoul Pal has confirmed.In an interview with Stansberry Research last week, Pal, famous for his bullish stance on Bitcoin, said an “enormous wall of money” would flow into the cryptocurrency over the next few years.Pal: Bitcoin in line for “enormous” capital inflows“I think that’s about right, whether it’s five years, six years,” he said when asked about the $1 million target. “We’re going to go through....
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Macro strategist Raoul Pal says the price of bitcoin will reach $1 million in five years. He attributes the price increase to adoption by large pools of investors and the “enormous wall of money” coming into bitcoin, rather than because “the world is collapsing.” $1 Million Bitcoin in 5 Years Former hedge fund manager Raoul Pal shared his view on the economy, gold, and bitcoin last week in a podcast interview with Daniela Cambone of Stansberry Research. Pal previously co-managed the GLG Global Macro Fund in London after departing Goldman Sachs where he co-managed....
Bitcoin has undergone yet another strong rally to the upside over the past day, reaching highs of $13,850. Analysts believe the coin will continue higher in the days and weeks ahead. Raoul Pal, for instance, said that BTC could hit new all-time highs by Q1 of 2021 “at the latest.” This optimism was echoed by Tyler Winklevoss, co-founder of Gemini. Bitcoin Will Pass $20k in Q1 2021, Analyst Says Bitcoin has undergone yet another strong […]
Bitcoin evangelist and Wall Street investor Raoul Pal published a series of charts that pitted the cryptocurrency against major financial markets.
Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl. Experts See Price of Ether Reaching Almost $20K by 2025 The “Finder Cryptocurrency Predictions 2021” which was updated Monday predicts that the price of ether will be nearly $20K by 2025 according to 35 experts on Finder’s cryptocurrency panel. The report says: By 2025, the panel expects Ethereum to hit $19,842 on average. The highest forecast came....
As markets reel from the latest Elon Musk Bitcoin FUD, the CEO of Real Vision, Raoul Pal, said BTC maximalists are in part culpable due to their blinkered view. “The biggest impediment to BTC adoption are bitcoin maximalists. Few understand this. Be more open. Don’t try to ram your points home. Support people and don’t […]