Macro guru Raoul Pal gives an update on the crypto portfolio and says markets are looking bullish from now on
Raoul Pal, founder of Real Vision, says he remains bullish on digital assets after significantly increasing his position during the bear market.
In a new Bankless interview, the former Goldman Sachs exec gives a portfolio update and says he’s still heavily invested in one of Ethereum’s (ETH) biggest competitors.
“I don’t change it often. I’m very consistent in what I do. It’s still about 80% Solana, a tiny bit Bitcoin, and a handful of other things I’ve bought just to feel the price. I don’t mention them on Twitter because then everyone will destroy and attack you… Basically it’s the same portfolio I had and I don’t really change it…
I didn’t sell anything, so that answers something. I probably gained weight [my portfolio] by 30-40% in June to October.”
The Bitcoin (BTC) bull, who calls his crypto and tech stock forecast part of “The Everything Code,” says everything is headed for another bull market, with a possible peak in 2026. He cites currency devaluation and new capital enters the room as potential catalysts.
“[The cryptocurrency market] From now on, things are looking very bullish. I’m hesitant to give specific numbers, but this year is looking more optimistic than I expected. What’s really interesting is that the everything code matches that too [logarithmic] Channel…
They are all consistent and do not vary in the way you enter and exit. So yes, it just looks like a crypto cycle, and it looks like it should. I don’t think it’s purely a function of debasement, because if it is, then it is [2020-2021] The cycle would have been even bigger. It depends on how much capital is available for the move etc. So for me it’s looking very positive and I don’t think we have to worry before 2025.”
At the time of writing, BTC is worth $31,050, up 1.2% over the past week.
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