Market Forecaster Raoul Pal Says Theres a Good Chance Bitcoin Will Hit $100K-$200K in 2024 - Ep. 580

Published: Dec. 8, 2023, noon

Unchained is running its annual survey to better serve you.\nPlease answer our annual survey here.\nThe likely impending approval of spot bitcoin ETFs has already sparked a major rally in the price of bitcoin and other cryptocurrencies, but will the bull run continue once the funds are up and running? On this episode of Unchained, the founder and CEO of Global Macro Investor, Raoul Pal, describes why a spot bitcoin ETF is such a significant development, likening it to a free trade agreement with the traditional financial world. He also discusses what effect a spot Ether ETF is likely to have on Ether prices, the relative merits of Ether vs. Solana, the usefulness of BRC-20 tokens and why 2024 is likely to be a very good year for crypto and the economy as a whole.\xa0\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\nShow highlights:\n\nHow Pal sees crypto as creating a new parallel financial system that a spot Bitcoin ETF will soon offer entr\xe9e to\xa0\n\nwhat he believes will be the key catalysts for the upcoming bull market in crypto\n\nwhy Raoul is predicting a "very strong 2024" for the crypto market, including his outlook for the price of Bitcoin\n\nhow he thinks investors and institutions will respond to the potential launch of an ETH spot ETF\n\nwhy Raoul is bullish on both Ethereum and Solana\n\nwhat developments in the Solana ecosystem are making Raoul particularly optimistic\n\nwhich network Raoul expects to emerge as the winner in the blockchain space\n\nwhy he views BRC-20s and Ordinals inscriptions as positive developments for Bitcoin\n\nThank you to our sponsors!\n\nArbitrum Foundation\n\nPhemex\n\nPopcorn Network\n\nGuest\n\nRaoul Pal, cofounder and CEO of Real Vision\nLinks\nBitcoin ETF and markets:\n\nUnchained:\xa0\n\nBitcoin Surges Past $40,000 for First Time Since April 2022\n\nSigns Increasingly Point to January Approval of Spot Bitcoin ETF Applications\n\n77% of Financial Advisors Are Waiting for a Spot Bitcoin ETF to Offer Their Clients\n\nHow Much Money Will Flow Into Bitcoin ETFs? Here\u2019s One Projection\n\nWhy a Spot Bitcoin ETF Will Probably Launch No Later Than January 10\n\nWhy It Looks Like BlackRock Could Win America\u2019s First Spot Bitcoin ETF\n\nThe Chopping Block: Are We Back? The \u2018Low IQ\u2019 Response to the Potential Spot Bitcoin ETF\n\nLearn more: Bitcoin ETFs Explained: What Are They & How Do They Work?\n\n\n\nOrdinals and BRC-20s\n\n\nUnchained:\xa0\n\nBitcoin Ordinals-Related Token ORDI Passes $1 Billion in Market Value\n\nBitcoin Mempool Reaches Record Levels of Congestion\n\nBitcoin Ordinal NFTs Are Hot and Getting Hotter. What's the Hype About?\n\nBitcoin\u2019s BRC-20 Mania: Is It Sustainable?\n\nWhy All 10,000 OnChainMonkey NFTs Will Move From Ethereum to Bitcoin\n\nLearn more:\xa0\n\nWhat Are BRC-20 Tokens?\xa0\n\nWhat Are ORC-20 Tokens?\xa0\n\nHow to Create a Bitcoin Ordinal\n\nSolana vs. ETH\nUnchained: Anatoly Yakovenko on Solana\u2019s Astounding Recovery and Its Future Plans\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices