Raoul Pal, co-founder and CEO of Real Vision Group, says that Bitcoin is a “supermassive black hole” that eats gold, NASDAQ, banks, bonds and other commodities.
I must say that for a really long time we did not have such a positive forecast of the BTC price as we bring you in this article. The last time John McAfee was talking about a million was when he bet his team, then called the bet as nonsensewhich perhaps no one could take seriously. By the way, John is currently in a prison cell in Spain and occasionally on his own account shares news from her.
Optimism from Pala is clear with every tweet
Raoul Pal, founder and CEO of Real Vison, is known for his optimistic and bullish views on Bitcoin. He is also convinced that Bitcoin will outperform the bank balance sheets of the G4 central banks, silver and stocks such as Apple and Amazon. In his tweet he stated:
“Bitcoin’s performance is so dominant and so all-encompassing that it will suck up every asset. Never in my career have I seen a business so dominant that holding any other property makes almost no sense. […] Macro indicators, flows, technology, demographics and societal tensions are all coming together in one moment and the market response is clear – Bitcoin! ”
Bitcoin is eating the world…
It has become a supermassive black hole that is sucking in everything around it and destroying it. This narrative is only going to grow over the next 18 months.
You see, gold is breaking down versus bitcoin…and gold investors will flip to BTC pic.twitter.com/ox7KRY5VRo
— Raoul Pal (@RaoulGMI) October 27, 2020
A prediction that has not been here for a long time
Raoul Pal believes the real impact of the pandemic COVID-19 will appear on the financial markets soon and Bitcoin calls it a “lifeboat”. According to him, the value of $ 14,000 is the only resistance that left Bitcoin on the way to a historic maximum of $ 20,000. BTC should overcome this at the beginning of next year.
As for the long term, Pal predicts that Bitcoin will reach $ 1 million in five years. Former successful manager of the Goldman Sachs hedge fund is convinced that Bitcoin is the best opportunity of his career.
“It may sound like a prophecy, but that’s just how I see it. A supermassive black hole sucks everything. It’s the best investment and future opportunity I’ve ever seen in my life, and even a small person has a chance to get their share of wealth creation before Wall Street does. Don’t miss this chance “
Conclusion
A really interesting, price forecast that will surely please many fans of cryptocurrencies and Bitcoin in particular. We will have to wait five years to answer how much he meets reality in his prediction. Personally, I am quite reserved about such “extreme” predictions, but I admit that the idea Bitcoinu for a million USD is just rude. Do you agree…?
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