Macro Guru Raoul Pal Tips Ethereum To Hit $3,600 By October: 'Close To A Face-Ripping Rally'
Portfolio Pulse from Mehab Qureshi
Former Goldman Sachs executive Raoul Pal predicts Ethereum (ETH) to reach $3,600 by October, with Bitcoin (BTC) and Solana also poised for growth. Pal believes cyclical and secular trends have created a perfect market opportunity for ETH and BTC.
May 30, 2023 | 11:55 am
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Raoul Pal anticipates growth for Bitcoin, suggesting a big break is coming soon as it remains in consolidation mode.
Raoul Pal has a bullish outlook for Bitcoin, stating that it is still in consolidation mode but a big break is coming soon. He believes that cyclical and secular trends have created a perfect market opportunity for BTC. This suggests that the price of Bitcoin is likely to go up in the short term.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Raoul Pal predicts Ethereum to reach $3,600 by October, citing cyclical and secular trends creating a perfect market opportunity.
Raoul Pal, a former Goldman Sachs executive, has made a bullish prediction for Ethereum, stating that it is poised to reach $3,600 by October. This is based on his belief that cyclical and secular trends have converged to create a perfect market opportunity for ETH. As a result, the price of Ethereum is likely to go up in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100