Raoul Pal Predicts Major Breakout for Bitcoin, Ethereum, and Solana
Raoul Pal, CEO of Real Vision, expressed a bullish outlook on Bitcoin, Ethereum, and Solana, labeling them as “the greatest macro trade of all time.” He believes the market is poised for significant growth despite current volatility.
Key Insights
- Bitcoin shows a long-term uptrend since 2020 with higher lows.
- A breakout above current resistance could trigger a major price increase.
- Ethereum's symmetrical triangle pattern suggests potential for a breakout to $4,000 or more.
- Solana has formed a strong accumulation base, indicating possible future rallies.
- Pal advises investors to focus on long-term trends rather than short-term fluctuations.
- Current market sentiment is bearish due to rising volatility and recent price declines.
- Pal remains optimistic about a future surge for Bitcoin, Ethereum, and Solana.
