Ridiculous price acceleration to come in Bitcoin and crypto markets, predicts Raoul Pal of Real Vision

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The founder of Real Vision and Global Macro Investor, Raoul Pal, predicts a “ridiculous” price acceleration for the crypto markets in the coming months.

In a new video from Real Vision Finance, the macro guru says he has the big picture, which tells him that the ongoing correction in the crypto market will be over soon.

“Nothing is going to change with respect to the macro context of network adoption. We are at the point in the cycle where network adoption is very strong. I don’t see any change in that. So really, this is where we are and when this fix ends, which I think will end in the next two or three days if my job is correct. And then if I’m right, we should start to see accelerated movements.

The former Goldman Sachs executive also unveils his investment thesis for the crypto markets, which he says will be confirmed once the Ethereum Bitcoin (ETH / BTC) pair recovers a crucial level.

“My thesis is based on the fact that October, November [and] December is ridiculous. I use a lot of graphics for this. [I] start looking at some of the other protocols and tokens that perform well compared to Ethereum and Bitcoin, as we should still be looking a little further down the risk curve. We should therefore see over time that Ether / Bitcoin intersect. I think it’s almost up to 0.08 [BTC]. He came back down… 0.07 [BTC]. I think once it goes through 0.08 [BTC] this will be the signal for the next phase of this whole crypto market, which is usually the rewarding phase. “

Pal also says he is using the current correction to get more positions ahead of the expected price acceleration.

“I added the dip last week [and] earlier this week, and I’m out of money to put on the market, so that’s it.

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