Bitcoin has its very own character. This has made the Asset in the past Often under proof. Just in the long term, over the last 10 years, the Performance is exceptional. More specifically, BTC is the asset with the best performance of the last 10 years.
Also in the last few weeks, the Bitcoin price has discovered its volatility and has increased in the last 30 days by almost 25%. This positive development has aroused in many the hope for a new Bullrun as of 2017, and a Climb from the previous all-time highs at $ 20,000. Also, if Bitcoin is these days only once in a phase of consolidation, remains a well-known Investor and entrepreneur bullish. In his opinion BTC will be in the next 2 years is the best Asset. How he comes to this conclusion?
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Bitcoins are “incredibly bullishes Chart patterns”
In the case of the Investor, is the former Goldman Sachs employee and current founder and CEO of Real Vision, Raoul Pal. Just in the last few months has come out of this more and more as a Bitcoin supporter, and has expressed his bullish opinion of the Public.
Pal continued that Trend on Monday, the 10. August, when he published the below Post on Twitter. In this Tweet, the Investor is assured that Bitcoin will have in the current macro-economic environment is likely to be a great success. Pal even went so far as to say that BTC will be in the next two years, with a large distance of the asset with the best Performance:
These are all incredibly bullish long-term Chart patterns. The probabilities in the charts suggest that Bitcoin will be in the next 24 months, probably by a large margin the most powerful of the great asset of the world.
His statement refers to the following Chart, which he added to his Post. This shows a massive Chart Formation that extends to the year 2017, a bullish Outlook signals.
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Not the only one bullish Investor
Raoul Pal said in his Post this Time, no specific course objectives. For this, he was in the past with his opinion even more clearly. In a Newsletter in April, the Investor said that the Chart of Bitcoin implies that Bitcoin could be within the next two years a prize of 100,000 USD, and in the next five to 10 years, possibly $ 1 Million to achieve.
In addition to the above Chart patterns another fact bullish agreed to Raoul Pal of course… Recently, he noted that BTC is the only asset that exceeds the growth of the balance sheets of the G4 countries. This suggests that BTC is the asset that is best suited to combat the many experts feared that increased Inflation:
In fact only an asset to the growth of the G4 has a balanced balance sheet. There are no stocks, no bonds, no commodities, no loans, no precious metals, not miners. Only one asset has developed over almost any time horizon are massively better than the G4: Yes, Bitcoin.
Pal is not the only Investor who is expecting that Bitcoin will be the best investment. As Robert Kiyosaki, the author of “Rich Dad Poor Dad”, at the end of last week wrote:
GOLD has risen in 2020 by 35%. S&P is only 3%. Silver is still the best, still 30% below the all-time high. At the best, because it is in limited quantity, used in the industry, and for those with tight budget still affordable. The sleeper is Bitcoin. I suspect it is going to be the fastest horse.
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