{"id":25883,"date":"2024-01-30T06:54:41","date_gmt":"2024-01-30T06:54:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ex-goldman-sachs-executives-forecast-includes-a-bubble-cycle-in-the-next-bull-run\/"},"modified":"2024-01-30T06:54:41","modified_gmt":"2024-01-30T06:54:41","slug":"ex-goldman-sachs-executives-forecast-includes-a-bubble-cycle-in-the-next-bull-run","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ex-goldman-sachs-executives-forecast-includes-a-bubble-cycle-in-the-next-bull-run\/","title":{"rendered":"Ex-Goldman Sachs Executive&#8217;s Forecast Includes a &#8216;Bubble Cycle&#8217; in the Next Bull Run"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Raoul Pal, a well-known former executive at Goldman Sachs, is changing his viewpoint on the developing crypto market cycle and providing fascinating glimpses into possible outcomes. Pal offers a nuanced picture in an exclusive conversation with Pomp Investments CEO Anthony Pompliano. He sees three potential paths for the future of Bitcoin, including an astounding \u201cbubble\u201d pricing trend.<\/p>\n<p>Pal presents the intriguing hypothesis that Bitcoin might replicate the 2011\u20132013 cycle, skyrocketing to a whopping $500,000. He does, however, accept the speculative nature of such a rise and assigns a cautious 20% likelihood to this eventuality.<\/p>\n<h2>The Norm or the Fast Lane<\/h2>\n<p>The ex-Goldman Sachs executive predicts that Bitcoin will reach a still-impressive $150,000 and attributes a significant 60% chance to a traditional market cycle. On the other hand, he considers a front-loaded cycle, accelerated by things like ETFs, that would cause a sharp rise to $150,000 followed by a sharp fall that would take people by surprise.<\/p>\n<p>Pal compares the 2011\u20132013 era to the potential for a bubble cycle and does not rule it out. In this situation, there is a brief pause before a fresh rise, known as an intermediate top correction. <a href=\"https:\/\/igaming.org\/crypto\/raoul-pal-critiques-central-banks-for-debasing-currency-in-the-purest-form\/\">Raoul Pal<\/a> believes there is a good probability this will happen, depending on a number of variables like ETF flows, changes in monetary policy, economic conditions, and the outcome of the US presidential election.<\/p>\n<p>Pal ends with a bold forecast, speculating that the most optimistic scenario will see Bitcoin reach \u201chalf a million plus\u201d. The estimate is still a staggering $250,000 even after deducting 50% to reflect probable errors.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>With a 2% gain in the past day, Bitcoin is presently trading at $43,049, and the cryptocurrency community is excited to see how this dynamic market develops under the speculative guidance of seasoned professionals like Raoul Pal.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/ex-goldman-sachs-executives-forecast-includes-a-bubble-cycle-in-the-next-bull-run\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Raoul Pal, a well-known former executive at Goldman Sachs, is changing his viewpoint on the developing crypto market cycle and providing fascinating glimpses into possible outcomes. Pal offers a nuanced picture in an exclusive conversation with Pomp Investments CEO Anthony Pompliano. He sees three potential paths [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":25884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25883"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25883"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25884"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}