Raoul Pal as investors turn more interest in crypto assets to make profits Ethereum expects its price to outperform the Bitcoin price. Pal even published a possible timeline of ETH’s performance.
Raoul Pal likens ETH’s tendency to outperform BTC to less valuable bonds gaining value after attracting investor interest.
According to Pal, the possible approval of a spot Bitcoin exchange-traded fund (ETF) would send a positive signal by triggering market participants to reinvest their BTC gains into ETH.
Raoul Pal stated that 2023 has been quite good for Solana and Bitcoin, but Ethereum can also catch up with these two important rivals.
As we reported as Koinfinans.com, Pal continues his analysis with Bitcoin and thinks that BTC will be on the rise in the future without a sharp correction. According to Pal, a similar movement was also seen in the bull market in 2015.
…I know a lot of people are expecting, ‘We’re going to have a 50% crash and you’re going to buy it.’ I believe that such a thing will not happen. Of course there will be corrections. I think these will probably plateau in the 20% to 30% range because that’s the world we live in in crypto.
NEWS CONTINUES BELOWBut if we are repeating the same old cycle, we should continue until the end of 2025, which I think we are.