Raoul Pal, macro investor and CEO of Real Vision, bitcoinmay appreciate at least “three times” more than its current price, EthereumHe thinks that , on the other hand, can gain almost “four times” value. Here are the predictions of the famous investor.
Sharing Bitcoin and Ethereum analyzes from his Twitter account with close to 700,000 followers. Raoul PalHe stated that the probability of Bitcoin reaching $200,000 and Ethereum reaching $20,000 is more than 70%.
“(Of course) this is not a certainty. A probabilistic outcome. For me, $20,000 for ETH and $200,000 for BTC is very likely (over 70 likely).”
Pal stated that it currently shows a similar or even the same “price behavior” that Bitcoin showed in 2013.
Pal also stated that the current Bitcoin bull cycle may last longer than previous ones.
“I think this BTC bull cycleThere is a good chance (not sure!) that this will offer even better prices over time and last longer than before…”
Pal added that if Ethereum follows the price behavior exhibited by Bitcoin during the 2017 bull run, it could potentially even reach the $40,000 level at the end of the first quarter of 2022 or the end of the second worst quarter.
After making this prediction, the investor was asked by a follower, “If ETH If it reaches these levels, whether BTC will drop close to 90% as it fell in 2018,” he also answered the question.
According to the investor, this is unlikely. Bitcoin is trading at $63,600 at the time of writing, while Ethereum is trading at $4,140, according to CoinGecko.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.