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Cryptopolitan 2021-08-31 13:34:52

Raoul Pal predicts Bitcoin will reach $250,000 to $400,000 in 2022

TL;DR Breakdown: Raoul Pal has disclosed that the majority of his cryptocurrency portfolio is Ether. Only 25 percent is Bitcoin.He also predicted that Ether and Bitcoin would reach $20,000 and, fair enough, $350,000 before the year-end. Long-time cryptocurrency advocate Raoul Pal predicts that the price of the leading cryptocurrency, Bitcoin (BTC), might reach $250,000 to $400,000 by the end of the year, or fair enough, March 2022. The former hedge fund manager and investment strategist made this known during the recent podcast session with Bankless. Raoul Pal now holds more Ethereum than Bitcoin As of November last year, a significant percentage of Raoul Pal’s crypto portfolio was dominated by Bitcoin (at least 80 percent). Fast forward to today, the allocation has changed a lot. According to him, about 55 percent of his crypto holdings are Ether, and only 25 percent is Bitcoin. Pal said he is even contemplating reducing the Bitcoin position to five percent.  "I may end up selling all of my BTC to buy ETH."That's what @RaoulGMI said when we asked about his crypto portfolio. Wanna know his 2021 ETH price prediction?Catch our full 90 min episode with Raoul. Available now on @BanklessHQ.LISTEN:https://t.co/T3qH5wR9Ih pic.twitter.com/ArBxoQqUWH— RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) August 30, 2021 Raoul Pal’s interest in Ethereum follows the rising demand for ETH, as well as the constantly decl...

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