News list for " raoul"
Raoul Pal, CEO of Real Vision, said in the podcast Raoul Pal The Journey Man that the price of Bitcoin could reach $350,000 by the end of the year in the benchmark case, and the maximum price could exceed $500,000. He pointed out that due to the increase in market maturity and the launch of Bitcoin ETFs, Bitcoin price volatility has been significantly reduced, and even after reaching $100,000, there will be no significant 25% correction. Regarding future investment prospects, Pal...
Raoul Pal, co-founder of Real Vision, said that he started going long when the ETH price was below $300 and has been holding it ever since. He revealed that he increased his call option position at the ETH price high in 2021, and this part of the investment lost 5%. In response to the ongoing questions, Pal emphasized that every trading position involving all markets has been well documented in Global Macro Investor since 2005 and in RV Pro Macro since 2016.
Raoul Pal, a former Goldman Sachs executive and founder of Real Vision, wrote on the X platform that bitcoin is about to break the huge cup handle pattern and enter the banana range. Raoul Pal has previously said that the "banana range" represents a highly cyclical stage, when liquidity enters the market and the central bank needs to refinance all its debt to please the people with candy. At this time, cryptocurrencies usually rise vertically. This is a debt refinancing cycle driven by macroecon...
Raoul Pal, founder and CEO of Global Macro Investor, pointed out that the price of bitcoin and gold could rise sharply as macroeconomic conditions improve. Additionally, cryptocurrency trader Moataz Elsayed (aka "Eljaboom") said that once the price of bitcoin breaks through the $70,000 mark, the bear market is over.
Raoul Pal, a former Goldman Sachs executive and founder of macro research firm Real Vision, said retail investors were not a "key driver" of spot bitcoin ETFs, with most of the inflows coming from carry trade hedge funds.
