Raoul Pal Predicts ‘Violent Upside’ For Bitcoin, Targets $250,000
Posted On December 17, 2024
Raoul Pal, macro strategist and founder of Real Vision, discussed his bullish outlook on Bitcoin’s (CRYPTO: BTC) current market position, predicting more upside for the apex crypto.
In a new ‘The Journey Man’ podcast published on Sunday, Pal emphasized Bitcoin’s pivotal role in shaping the financial future and its potential for exponential growth.
He criticized the perception of Bitcoin as “expensive,” calling it a result of anchoring bias. Instead, he urged investors to consider percentage-based returns rather than absolute prices.
“Bitcoin is really the anchor for the whole space,” Pal said, envisioning its total market value reaching an astounding $100 trillion …