Real Vision CEO and macro investor Raoul Pal predicts that Bitcoin’s value could more than triple from its current price, while Ethereum could almost quadruple.

According to him, there is a greater than 70% chance that Bitcoin will hit $ 200,000 and Ethereum hit $ 20,000.

“That is not a certainty. It’s a probabilistic result. For me, $ 200,000 ETH and $ 200,000 BTC are definitely successful (70% chance).

The performance and the way it plays out depends on each person’s predictions … “

Pal says Bitcoin is currently reproducing similar pricing behavior in 2013.

“BTC continues to follow the year 2013 very well.”

The source: RaoulGM / Twitter

Real Vision CEO says there is a “high probability” that the current Bitcoin bull cycle could be longer than the previous ones.

“I think there is a high probability (uncertainty) that this BTC cycle is longer and the price is higher …”

The source: RaoulGM / Twitter

As for Ethereum, the macro expert believes it could even hit $ 40,000 by the end of the first or second quarter of 2022 if it follows the Bitcoin price behavior of 2017.

“And ETH … bigger movement … $ 40,000 in March / June”

The source: RaoulGM / Twitter

When asked if Ethereum could fall 90%, similar to what happened after the bull run in 2018, Pal replied in the negative.

“Are not. It will fall a lot less.”

Bitcoin is trading at $ 63,600 at press time, while Ethereum is changing hands at $ 4,140.

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Annie

According to Dailyhodl

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