Raoul Pal recorded a video announcing that macroeconomic factors favor buying BTC and altcoins. The businessman expects that in the near future will begin a large-scale growth in shares of innovative companies, especially working with AI, as well as crypto-assets. This will be facilitated by the flow of liquidity into the markets, which will provide the U.S. Federal Reserve to revive the economy. Such an influx of liquidity has historically led to higher prices of cryptocurrencies. So when asked when is the best time to enter the digital asset market, Pal said, “Right now.”
.
“We are on the cusp of a technological revolution where machines will take more power in the world. The Central Bank will print more and more money, as it is the only answer to higher rates. The assets that work best in this environment are cryptocurrencies and shares of technology companies. Gold should also perform well, but cryptocurrencies and stocks are, in my opinion, the best investment strategy,” Raul Pal explained his position.
.
In March, the CEO of Real Vision said that bitcoin will reach $50 000 by the end of the year.