559: HERE’S HOW BITCOIN AND ETHEREUM WILL PERFORM FOR THE REST OF THE YEAR, ACCORDING TO MACRO GURU!!
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
English - May 02, 2021 16:08 - 19 minutes - 9.7 MB - ★★★★ - 537 ratingsTechnology Education bitcoin binance bitcoinnews bitcoinnewstoday bitcoinprice bitmex blockchain btc btcnews crypto Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Macro guru and crypto veteran Raoul Pal is pulling back the curtain on how he believes Bitcoin (BTC) and Ethereum (ETH) will stack up against other asset classes this year.
In a new tweetstorm, the former Goldman Sachs executive reiterates his theory that Bitcoin is a “super massive black hole,” which posits that the crypto markets will continue to suck capital out of every other major asset.
“My theory is that no investment will beat crypto this year and it will suck in more and more capital. Like it or not, this is the single most superior trade of the last 12 months and one of the great trades ever. BTC is up +1,386% from the low in March 2020 and ETH is up +2,985% from the low in March 2020."
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