TL failure; DR:
- Raoul Paul revealed that most of his cryptocurrency portfolio is ether. Only 25% is bitcoin.
- He also predicted that Ether and Bitcoin would reach $ 20,000 by the end of the year and $ 350,000 fairly enough.
Raul Paul, a longtime advocate of cryptocurrencies, predicts that the price of the leading cryptocurrency, Bitcoin (BTC), may reach $ 250,000 to $ 400,000 by the end of the year, or fairly enough, March 2022 Former hedge fund manager and well-known investment strategist throughout Recent podcast session With banking
Raul Paul Atrium currently has more Atrium than Bitcoin
In November last year, a significant percentage of Raولl Paul’s cryptocurrency portfolio was controlled by Bitcoin (at least 80%). To this day, allocation has changed dramatically. According to him, about 55% of his encrypted assets are Ether and only 25% is Bitcoin. Paul said he is even thinking of reducing the bitcoin position to five percent.
Raoul Pal’s interest in Ethereum follows an increase in demand for ETH as well as a permanent decline in coin supply in centralized exchanges. He said:
“There are tons [of ETH] Which is just being maintained, the only ones locked in DeFi, the only ones locked in NFTs, and as of today, you have 11% of the total available ether supply and it is declining every day. And demand is rising. The only result is a dramatic increase in price, there is no other result. “
Raoul Paul predicts $ 20,000 ether, $ 250,000 to $ 400,000 bitcoin
Raul Paul predicted that ether could reach $ 20,000 before 2022, and that bitcoin could be priced between $ 250,000 and $ 400,000 by the end of the year or around March 2022.
These price levels seem very far-fetched, as there are only four months left until 2022. However, Paul noted that BTC typically increases 5 to 10 times in three months, and even 5 times the maximum bitcoin price will bring in more than $ 300,000. “Normal gathering” for the end of the year. He also said that launching the US Bitcoin ETF this year and the imminent printing of the dollar “is enough to bring the bitcoin to $ 350,000”.