Former Goldman Sachs hedge-fund manager and cryptocurrency bull Raoul Pal says bitcoin (BTC) can go to $250,000 or more.
“I think bitcoin (BTC) goes well above $250,000 in the next twelve months and ethereum (ETH) well above $20,000” said the CEO of Global Macro Investor.
Pal reminded investors that corrections are par for the course when investing in cryptocurrency, pointing to the high adoption rate of the entire cryptocurrency market as a reason for optimism. In fact, the crypto market is currently growing at 113% a year, double that of the growth of the internet from 1990 to 2000.
Source and continuation of the article:
https://beincrypto.com/industry-outlook-remains-upbeat-amid-period-of-market-correction/