Raoul Pal, the CEO of Real Vision, and Wall Street Veteran, is convinced that Bitcoin is the most powerful asset will be the value of the next two years.He believes that the Asset could increase in the near future to $ 100,000 – and he even speaks of 1 Million dollars as a goal.
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Bitcoin could be in the next two years, the Asset with the best performance
Raoul Pal, a former head of Hedge Fund sales at Goldman Sachs, advertises in the last few weeks for Bitcoin because, according to his own statement, he sees now, what is the future for the asset has value.
The managing Director of Real Vision has continued in this Trend on Monday with the below Tweets.
In his messages, the Wall Street Veteran assured that Bitcoin will have in the current macro-economic environment is likely to be a great success. Pal believes that BTC will be in the next two years, by a large margin the most powerful asset:
“These are all INCREDIBLY BULLISH long-term chart pattern. The probabilities in the Charts suggest that Bitcoin will be in the next 24 months, probably by a large margin the most powerful the main plant in the world.“
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Only a short time before the Investor had found that BTC is the only facility in the world that exceeds the growth of the G4 balance sheet. This suggests that Bitcoin is suitable as an asset on the best, to fight the ongoing currency inflation:
“In fact, only one asset has offset the growth in the G4-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: Yup, Bitcoin.“
Pal mentioned this in his Twitter Thread there is no price target for Bitcoin. But the Analyst has made his optimism about the value of the crypto-currency already in earlier Tweets and Interviews clearly.
In an April Newsletter about the Investor: The Bitcoin writes implies-Chart, that BTC could be within the next two years, a prize of $ 100,000 and in the next five to ten years may be $ 1 Million to achieve.
Since Pal is anticipating a possible collapse of Fiat currencies and Parts of the financial system, these are not goals, perhaps not as far-fetched as they seem from the outside.
Not the only one who thinks so
Pal is not the only Analyst who expects that Bitcoin will be the best-functioning system and the only one that moves forward. In particular, since the macro-economic conditions continue to favour a scarce and alternative money as BTC.
To this end, Robert Kiyosaki, author of “Rich Dad Poor Dad” at the end of last week:
“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 limited in quantity is used in the industry, and for those with tight budget still affordable. The sleeper is Bitcoin. I suspect he is going to be the fastest horse.“
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The comment is reminiscent of a remark by Paul Tudor Jones, a billionaire Hedge-Fund Manager. Jones writes in his may Newsletter, he will believe that Bitcoin will be due to the monetary policy conditions, the “fastest horse in the race”.