Three Possible Scenarios for Bitcoin’s Next Bull Run, Says Raoul Pal
Raoul Pal, macro guru and CEO of Real Vision, has outlined three potential scenarios for Bitcoin’s next bull run. In an interview on the Unchained Crypto YouTube channel, Pal suggests that the most likely scenario is a traditional cycle where Bitcoin rallies to between $100,000 and $200,000. He assigns a 60% probability to this outcome. The second scenario, with a 20% chance of happening, involves a significant influx of money into the digital assets industry, leading to a larger-than-expected bull run. The third scenario is a front-loaded cycle that is even shorter than the previous one.
Bitcoin’s Current Price
As of now, Bitcoin is trading at $44,279 with a 2.73% increase in the last 24 hours.
Hot Take: Raoul Pal’s Bull Run Scenarios
Raoul Pal presents three possible scenarios for Bitcoin’s next bull run. The most likely scenario is a traditional cycle where Bitcoin reaches $100,000 to $200,000. The second scenario involves a larger-than-expected bull run due to increased adoption and capital inflow. Lastly, there is a possibility of a front-loaded cycle that is shorter but more intense than before. With Bitcoin’s current price at $44,279, investors are eagerly awaiting the outcome of these scenarios.