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Raoul Pal LATEST Update On Crypto Market Crash (Ethereum & Bitcoin)
The crypto markets have turned down drastically, with Bitcoin being 50% off its all-time high, Ethereum trading at $2,300 and Solana down 38% in the last 7 days. A crypto winter looks imminent and many investors and enthusiasts are looking for answers. In a short message to his Real Vision viewers, Raoul Pal spoke candidly to his audience about what he thought was the reason for this sudden downturn, provided some similar instances where this has occurred in recent history, and what to expect moving forward. Raoul believes the unpredictable actions of the Fed can be one of the major factors for the downtown, but he also suggests that this is just a yearly occurrence in the crypto world. To his credit, even during the run-up to all-time highs, Raoul has stood firm on expecting a 50% downturn, suggested NOT to invest more than you can lose, and most importantly, discouraged buying on leverage because the sudden crashes are becoming a common occurrence. Many investors are hurting, and even though this might not be the news many would like to hear, Raoul still believes we have more bearish action ahead of us. Nonetheless, he offered some guidance and optimism for the future. Listen to what he had to say.
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THIS INTERVIEW WAS POSTED ON JANUARY 21, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
It’s the End of the Pandemic Rally As We Knew It
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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