Ethereum

According to the CEO of Real Vision, there is a 70 percent chance that Bitcoin will triple and Ethereum will quadruple

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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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.