This is MY LAST WARNING Before RECESSION - Raoul Pal Bitcoin
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Bitcoin is bouncing back this week as a sudden surge challenges weekly highs. In what should provide some desperately needed confidence to bulls, Bitcoin gained momentum and is looking to cross the $32k mark.
In contrast to recent weekly closes, Bitcoin has now sealed nine red weekly candles in a row, something never seen before in its history. And that makes us ponder; just how bearish is the largest cryptocurrency going into June? The macro-environment remains troubled, while retail interest is nowhere to be seen and calls for a deeper capitulation remain.
That said, should it continue its latest strength, Bitcoin still stands a chance of breaking out of its current trading corridor.
In today’s video, Real Vision CEO, global macro investor and cryptocurrency bull Raoul Pal updates about “Peak Fear Sentiment” in Bitcoin markets right now, why he is more bullish on Ethereum over Bitcoin and what will happen if inflation becomes negative.
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CREDITS:
Link: • Raoul Pal & 3 Crypto E...
Title: Raoul Pal & 3 Crypto Experts Agree That THIS Is The Ultimate Buy Signal!
Channel: Crypto Banter
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0:00 - Intro
0:57 - Why is Raoul Pal seeing “Peak Fear Sentiment” in Bitcoin markets right now?
2:48 - What does Raoul Pal’s crypto investment strategy looks like?
3:22 - Is the global economy heading for a recession?
5:03 - Can Ethereum outperform Bitcoin?
5:32 - What will happen if inflation goes negative?
#Bitcoin #Ethereum #WealthyValue
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Is Bitcoin is next Luna?
Good
Max keiser loves Raul.
Max is way,way off hiis projections. He has BTC to 300k and over this year. His Silver hype and pump back in 2010 was equally absurd. Beware of him. He works crowds and social media, this is his expertise. He cannot time the Market even reasonably well. In 2011 he got excited like a teenage girl and had Silver going to 200 and beyond from 28. He thought it certain that that would bankrupt J.P. Morgan bank. People must have lost hundreds of millions listening to him clown around. He is a clown and an entertainer, little more.
Totally agree. It's funny grown men trash each other's opinions. And yes the silver bulls got Totally crushed.
who is this fu..ing interupting inbetween
This video isn't very useful if you don't include the date of the statements made by Raoul for reference.
Even if we go thru a economic crash, blockchain technology is here to stay, other cryptocurrences may fail, but blockchain is indeed the future