Macroeconomist Raoul Pal, BitcoinHe drew attention to the upward trend in the crypto market, predicting that cryptocurrencies such as Ethereum and Solana will break records in the 2024-2025 bull market. Pal, founder and CEO of Real Vision, pointed to the significant growth potential of the crypto space and stated that a combination of factors such as global liquidity increase, business cycle upswing and widespread adoption of cryptocurrencies will support this rise.
In his last interview, Pal evaluated the market conditions and described it as a “crypto summer” in which prices generally tend to increase, although there is a decrease from time to time. He also suggested that cryptocurrencies such as Ethereum and Solana could outperform Bitcoin and transform the industry.
Pal’s bullish expectations are supported by analyzing the relationship between crypto and macroeconomic trends. It is believed that the continuation of central banks’ quantitative easing policies will increase the demand for cryptocurrencies as investors turn to alternative assets to protect against inflation.
Regarding price predictions, Pal suggested that Bitcoin could rise above $200,000 per coin in the near future and potentially exceed $1 million by the end of the bull market. Moreover Ethereum and Solana, and predicted significant gains for both assets.
Pal stated that everything follows a predictable pattern and Bitcoin is leading, and Ethereum also follows this trend. According to the charts, Ethereum is preparing for a rise like in 2020, and especially the ones that are starting to rise again. solana predicts that this trend will continue. He thinks his analysis is moving in the right direction.
His investment strategy includes allocating a significant portion of his portfolio to leading cryptocurrencies such as Bitcoin and Ethereum, while also investing in meme coins such as Dogecoin and Shiba Inu. However, he advises caution and allocating only a moderate percentage of his portfolio to speculative assets.
Koinfinans.com As we reported, Pal believes that despite the recent increases in crypto prices, the bull market is still in its infancy and there is much more upside potential ahead.
