"I Just Changed My Prediction For 2023" | Raoul Pal Crypto (WATCH SEE)
Raoul Pal, the renowned - founder of Real Vision and macroeconomic expert, believes that the crypto space is on the cusp of a monumental surge in a recent interview with Bankless.
Pal points to key liquidity indicators suggesting the market liquidity has bottomed out and anticipates a steep increase in monetary stimulus, colloquially termed as "MOAR Cowbell" by Raoul or also known as “Money Printer go Brrr”.
He asserts that in such an environment, Tech Stocks and Crypto are the only assets that outpace currency debasement.
Labeling the current phase as "Crypto Spring", Raoul highlights BlackRock's recent move of refiling its ETF with Coinbase as its beneficiary, interpreting this as the unlocking of floodgates for institutional capital into crypto.
This is vital information for investors keen on capitalizing on the burgeoning crypto market. Hold on to your seatbelts. Make sure to stick around to the end of the video where Raoul explains why he believes that Ethereum will out-perform Bitcoin in a high liquidity environment and also breaks down why he thinks NFT’s such as bored apes have lost over 90% of their value and continue to tumble.
About Raoul Pal:
Raoul Pal is a co-founder of Real Vision, a financial media company offering in-depth video interviews and research publications from the world's best investors. Prior to starting Real Vision, Raoul ran a successful global macro hedge fund.
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