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Learning & News => News related to Crypto => Topic started by: newshunter on May 09, 2020, 01:07:24 AM

Title: ‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal
Post by: newshunter on May 09, 2020, 01:07:24 AM

‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal

A move to $40,000 and even higher is now easier than ever, argues the investment CEO who last month warned that “boomers are f*cked.”

Source: ‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal (https://cointelegraph.com/news/perfect-wedge-makes-1m-bitcoin-more-likely-than-ever-raoul-pal)

Would appreciate your opinion about this

Title: Re: ‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal
Post by: ShadowCrypto on May 09, 2020, 03:21:56 AM

Bitcoin surprised everyone on Thursday when it surged back to five figures, capping weekly gains of 35%.
The successes come in stark contrast to traditional macro assets, which have stagnated in May.

Title: Re: ‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal
Post by: Fenix on May 09, 2020, 07:07:40 AM

The current situation is very conducive to the growth of the cryptocurrency market. The global economic crisis could lead to an increase in the price of bitcoin at $ 20,000 or more, but I do not think that its price will rise to $ 40,000 over this and next year. Such a price requires very significant changes in the structure of the global financial system. However, with any scenario, the price of a bitcoin of one million dollars is impossible.

Title: Re: ‘Perfect Wedge’ Makes $1M Bitcoin More Likely Than Ever — Raoul Pal
Post by: abdmuiz on May 09, 2020, 10:16:27 AM

By the time halveng everything is possible, it could happen, especially since people are growing in BTC now