Market

Real Vision CEO predicts $100,000 Bitcoin and $10,000 ETH by the end of 2022

Real Vision CEO Raoul Pal reveals his price targets for Bitcoin and Ethereum this year, while also naming an emerging crypto sector that he believes will do well in the coming months.

In one interview Silvester, Pal said that favorable macroeconomic conditions could propel Bitcoin and Ethereum above $100,000 and $10,000 respectively by year-end.

“I use a logarithmic channel. BTC rally if it picks up steam again especially if there is central bank quantitative easing which I think will happen later in the year or is there any indication I still think bitcoin likely this year can go up 300%, and ETH can do more.”

At the time of writing, Bitcoin is trading at $42,798 while Ethereum is changing hands at $3,264.

Both are Real Vision down about 2% in the past 24 hours.

BTC/USDT. Source: TradingView

The former Goldman Sachs CEO also predicts that 2022 will be the year of social tokens – crypto assets that monetize value provided by individuals, brands or communities.

“I’ve avoided that for a while because I’m working on it and can’t disclose it, but I think this is the year of social signs. People don’t really understand.

We see Bored Ape starting with the monkey marker. There are some of them, but they are still on a small scale.

Some huge communities will emerge and we will see the power of the token economy. It’s the big thing that people don’t realize because they haven’t seen it. That’s my big prediction for this year.”

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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.

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