CRYPTO ASSET MARKET COULD SURGE 500X SAYS MACRO GURU!! BITCOIN PRICE CYCLE TOP ABOVE $166K!!

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The entire crypto market could increase in size by 50,000%, according to macro investor and Bitcoin advocate Raoul Pal.

β€œThis is a multi-quadrillion dollar world that’s being developed in terms of flow. In terms of the stock market, the bond market, the equities markets – all of these things are two, three, four hundred trillion dollar markets each. Currently the digital asset sector is [$2.26 trillion], so what is it going to be worth? At least 100x from here still, probably 200x maybe even 500x.”

In other trending Bitcoin News today:

Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000

Based on the current NVT price of $47,500, the next major short-term top with an NVT premium of 2 could likely be at or above $95,000 while a potential cycle top, with an NVT premium of 3.5, could be at or above $166,300.

What’s more, a $166,000 price tag may actually be a fairly conservative prediction, according to Woo. The analyst explained that BTC price could also reach as high as $300,000 by December 2021, based on other metrics.

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Show Notes / News Resources:
βœ” Binance $750M Profit: https://bit.ly/3ecz6RA
βœ” 3 Ethereum ETF’s Approved: https://bit.ly/3spmFqQ
βœ” Crypto Could Surge 500X: https://bit.ly/32q0u9b
βœ” $166K Bitcoin Cycle Top Prediction: https://bit.ly/3mXCmVa

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