The charts are nonetheless displaying crimson, because the bears are calling for help at $61,000. On the time of writing, Bitcoin is buying and selling for $63,400 however in keeping with macro analyst Raoul Pal, we’re nonetheless in crypto spring and we’re heading into crypto summer season quickly. In an interview on the Bankless Podcast, Raoul touched on a lot of topics. He spoke about the place he sees this crypto bull market going, his investing philosophy and the way it modified through the years, and the load of his portfolio. Raoul didn’t hesitate to share his affinity for Solana, claiming that 80% of his portfolio. Solana is at present down 24%, buying and selling round $135 on the time of writing. Whereas enthusiastic about Solana, Raoul does consider there are possibilities that this bull run doesn’t carry out just like the others and we’re purely guessing as to what is going to occur. Raoul expressed that there’s a likelihood that after the bull run seems to be over, the market can come roaring again to new highs like in earlier cycles. Then there’s an opportunity that after the run is over, it’s completed. There are a lot of situations doable in Raoul’s view as a result of with the Bitcoin ETF, blackrock alliance and mass adoption, the crypto market hasn’t seen this many variables earlier than. However no matter how this bull market runs its course, Raoul believes you might want to educate your self first, then the income will observe. And most significantly, don’t F this up.
To look at the complete interview:
https://www.youtube.com/watch?v=ef9mjK6euW4
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