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Real Vision CEO and macro guru Raoul Pal thinks Bitcoin (BTC) and the overall Crypto market cap still has a gigantic amount of room to grow.

Pal notes that most major asset classes, including equities, bonds, and real estate, sit within the $150-300 trillion range. The former Goldman Sachs executive thinks the crypto market cap will surge by 100x to match those other sectors.

“I think a roughly fair value to fit in with the other asset classes is $200 trillion. So it’s 100x. We’ve never had an asset do 100x of that kind of magnitude in all recorded history.

We’ve never seen it before, none of us have lived through this. So this is, I think, going to be the largest generation of wealth that the world has seen in the shortest period of time.”

In other trending Bitcoin news today: Billionaire Reveals His Huge Bitcoin Bet – And Predicts The Bitcoin Price Will Climb As It Replaces Gold!

Billionaire investor Chamath Palihapitiya has revealed he’s poured “hundreds of millions” into Bitcoin and predicts the BTC price will continue to climb as it replaces gold.

Palihapitiya has previously predicted bitcoin could climb as high as $200,000 per bitcoin one day—a price that would give bitcoin a market capitalization of around $4 trillion.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://www.forbes.com/sites/billybambrough/2021/10/02/billionaire-spac-king-reveals-his-huge-bitcoin-bet-and-predicts-the-bitcoin-price-will-climb-as-it-replaces-gold/?sh=10162f372a3c

https://cointelegraph.com/news/price-spike-are-whales-front-running-the-approval-of-a-bitcoin-futures-etf

https://cointelegraph.com/news/bitcoin-s-50k-resistance-to-become-support-in-q4-bloomberg-commodity-strategist

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While Bitcoin price has slipped by more than 8.2% after rising to $42,230, the 43.5% rally included 10 consecutive days of gains. But despite BTC currently trading at around $39,700 as of Aug. 2, some analysts anticipate that it can rise by another 100%.

Nunya Bizniz, an independent market analyst, posted the bullish setup on Sunday, noting that each of the cryptocurrency’s previous 10-day bull runs has ended up doubling its prices at a later stage.

Therefore, if the history repeats or rhymes, Bitcoin price can go up by more than 100% in the next 30-60 days.

“Both tops occurred in November and December, respectively, which could insinuate that the trigger for bear markets has more to do with taxes,” explained Santos-Alborna, adding that $88,000-$150,000 is a “more realistic” upside target for Bitcoin in 2021.

In other trending Crypto News today: Eth2 Will Help Ethereum Outpace Bitcoin, Pantera Capital CEO Predicts! 

Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency.

Despite predicting a brighter future for Ether, Morehead is still optimistic about Bitcoin’s growth in the future. The CEO reportedly predicted that Bitcoin would trade between $80,000 and $90,000 by the end of 2021, rising above $120,000 within a year. Surging mainstream adoption could further drive Bitcoin’s price to as high as $700,000 in the next decade, Morehead noted.

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Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://cointelegraph.com/news/bitcoin-chart-fractal-suggests-btc-price-will-rally-to-at-least-80k-by-september

https://cointelegraph.com/news/eth-2-0-will-help-ether-outpace-bitcoin-pantera-capital-ceo-predicts

https://cointelegraph.com/news/bitcoin-price-dips-below-38k-with-bullish-traders-eyeing-a-new-higher-low-next

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Bitcoin price just had a nice pump to $7,686 and is currently sitting at $7,458 after the Cryptocurrency market trading sideways over the past few days.

Bitcoin bears target BTC price at $5,000. Cointelegraph contributor Benjamin Pirus wrote that after BTC’s corrective bounce up to $7,875 last week, Bitcoin was unable to shake its larger downtrend.

Instead, it headed back down to the $7,300 trading region.

Pirus added that BTC could ultimately drop to a trading price near the $5,000 price mark, as its charts look mostly bearish at present.

In other Crypto news, how would you like to earn interest on your Bitcoin (BTC) and Crypto assets?

In a little under a year, DeFi has become a significant component of the cryptocurrency ecosystem.

But which platforms pay the most interest? Decentralized finance is often hailed as a prime use case for digital assets.

Lending practices among DeFi platforms follow similar patterns: loans are overcollateralized, meaning the risk of default is negligible and lending is more responsible than that of the fractional reserve banking system used by legacy lending institutions.

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Best Places to Earn Interest on Your Cryptocurrency

https://cointelegraph.com/news/market-mostly-trades-sideways-as-bitcoin-price-hovers-around-7-300