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Raoul Pal “Crypto Is About To ERUPT! Here’s Why” 2023 Bitcoin Prediction
management, is about to make a splash in the cryptocurrency market with its newly filed Bitcoin Trust, according to Macro Economist and Real Vision Founder and CEO, Raoul Pal.
Raoul thinks that this is not just a leap but a quantum jump for the crypto industry, as BlackRock’s track record for SEC approval is an astounding 575-1.
BlackRock is essentially the Floyd Mayweather of finance, it’s virtually unbeatable!
The Bitcoin Trust is set to function akin to a spot Bitcoin ETF, offering investors a golden opportunity to gain exposure to Bitcoin without the need to directly purchase it.
Raoul explains on how this Bitcoin Trust could be the pivotal force that propels cryptocurrency prices to soaring new heights.
Raoul Argues that sophisticated investors and Institutions s are like sheep, and they will flock to this trust if the price momentum is favorable.
Now, you might be wondering what this means for the entire crypto space. Well, Raoul explains how the trust could possibly attract a significant amount of capital because of BlackRock’s distribution, access to funds, and indomitable credibility.
Make sure to stick around to the end of the video where Raoul gives his outlook on the 2023 Crypto Market.
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.
To Follow Raoul on Twitter to see all his latest updates: https://twitter.com/RaoulGMI
To sign-up to Real Vision (Strongly Recommended!) Check them out here:
Credits: To watch the full interview highlighted in the video (and subscribe to a great crypto resource!) Check out Crypto Banter:
THE BRUTAL TRUTH ABOUT THESE ALTCOINS | RAOUL PAL
https://www.youtube.com/live/u5Tt-M4FACI?feature=share
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