RE: $1M Bitcoin By 2025?
Raoul Pal believes so and honestly, I am not and would not be shocked to see Bitcoin reach that price by 2025
“Bitcoin (BTC) can rally to $1 million but coronavirus means that the baby boomer generation is ‘f&$ked,’ a damning new macro report concludes.
Originally published to clients on March 30, the report from Global Macro Investor dubbed “The Unfolding” paints a dismal future for the financial market.
According to CEO Raoul Pal, who authored the report, coronavirus has fuelled the fire of systemic weakness across global markets.
‘The damage this does to the US pension system is incomprehensible. The Baby Boomers will sell every rally they can to protect their last, rapidly diminishing nest egg,’ he summarized on the market losses from March.”