Bitcoin must reclaim the $106,000 level to confirm further price increases, according to traders. If it falls below the $92,000-$94,000 support range, a drop to around $85,000 could occur. Despite volatility, some analysts remain optimistic about Bitcoin’s long-term potential, with predictions of reaching $1.5 million by 2030.
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0 posts last weekThe Everything Code: Raoul Pal Predicts Macro and Crypto Summer
Raoul Pal, CEO of Real Vision Group, predicts a “macro and crypto summer” driven by rising liquidity until the end of 2025, attributing market movements to central bank policies and debt levels. He anticipates a significant altseason, particularly for cryptocurrencies, as Bitcoin’s market share dips below 50%. Pal’s “Everything Code” thesis suggests that tech and crypto assets will outperform due to the debasing effects of quantitative easing and demographic forces.
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