"Everyone Is SO WRONG About The Bitcoin Halving..." Raoul Pal NEW Prediction

cryptocurrency 1 month ago

🔥My FREE Daily On-Chain Analysis & Crypto News In 5-Mins: 👉🏻 https://www.cryptonutshell.com/subscribe 🔥🌳 You can NOW Become a member of our channel to support us! 🌳👑 👉🏻 https://www.youtube.com/channel/UCWZg7FTpyFB9lSpk-_cVr3Q/join Everyone has the Bitcoin halving completely wrong and investors are underestimating the impact of a demand shock, cause by the ETFs, coupled with a supply shock caused by the halving. Bitcoin’s price will reach somewhere around $85,000 in June, then it will go onto $95,000, and then much, much higher as we head deeper into 2024. That’s the latest message out from Macro Economic expert, Raoul Pal, CEO and Co-Founder of Real Vision Group. In his latest interview, Raoul reminds us that Bitcoin adoption is still in its early stages and that we will see tremendous growth following the halving towards the end of April. Raoul believes many investors are underestimating the effects of the Bitcion Halving, as it is the first halving combined with increased demand from the Bitcoin ETFs. The upcoming halving is also going to be the most consequential halving in the history of Bitcoin. Back in the 2020 halving, The new bitcoin supply per day was cut from 1800 new Bitcoin to 900 new bitcoin day. However, Bitcoin was only priced at $7,000 per coin. This means the supply reduction was $9 Million dollars per day. The 2024 Halving, 900 new bitcoin per day is being cut to 450 new bitcoin per day, however each Bitcoin is now priced at $70,000 per coin. This means the supply reduction is over $32 million dollars per day. So the 2024 halving, in US dollar terms, is going to be over 3x more impactful. However, Raoul also reminds us that the price action isn’t going to happen overnight. About Raoul Pal: Raoul Pal is the co-founder and CEO of Real Vision, the world's preeminent financial media platform, which helps members understand the complex world of finance, business, and the global economy. #Bitcoin #Crypto #Investing ----------------------------------------------------------------------------------------------------------------------- SOCIALS Twitter: https://twitter.com/JaminTree My Instagram: https://www.instagram.com/jamincurrie/ Email: jamin.tree@gmail.com ----------------------------------------------------------------------------------------------------------------------- "When Should You SELL Your Crypto In 2024 and 2025?" Raoul Pal on Exit Strategy & Crypto Prediction, Bitcoin & Ethereum, Solana "Everyone Is SO WRONG About The Bitcoin Halving..." Raoul Pal NEW Prediction
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