Raoul Pal from Global Macro Investor: BTC to Hit $1M in the Long Run

Raoul Pal from Global Macro Investor: BTC to Hit $1M in the Long Run

May 11, 2020 by CS Team
Raoul Pal from Global Macro Investor recently said that Bitcoin is currently in “one of the best set ups in any asset class I’ve ever witnessed.” According to Pal, BTC is trading inside a “perfect wedge” that is a precursor to a massive new bull run. The first chart has BTC targeting $40k, but in
Bitcoin chart $1 million

Raoul Pal from Global Macro Investor recently said that Bitcoin is currently in “one of the best set ups in any asset class I’ve ever witnessed.”

According to Pal, BTC is trading inside a “perfect wedge” that is a precursor to a massive new bull run.

The first chart has BTC targeting $40k, but in the long run, Pal sees BTC hitting $1 million.

Source: CryptoGazette.com
Reference: Twitter.com

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