Former Goldman Sachs Exec Sees ”Greatest Macro Trade” Ever For Bitcoin—Is BTC Bull Token The Next Big Crypto?
Former Goldman Sachs executive Raoul Pal says that Bitcoin and other top altcoins are in the midst of the “greatest macro trade of all time.” “All the wiggles and the timeline FUD are just noise,” Pal said in a Feb. 17 thread on X. “All you require to capture it is not be too far out on the risk curve, not using leverage and the ability to have patience and zoom out.” Raoul Pal Questions Why Investors Are Bearish On Bitcoin The former Goldman Sachs executive also shared a screenshot of Bitcoin’s weekly chart that showed the largest crypto by market cap hovering above a trendline at the $60K level. This trendline is around BTC’s previous all-time high before it managed to break the $100K mark. In the X thread, he also said that it’s “sad to see so many bearish and nervous in crypto” with Bitcoin’s current bullish technical structure on its weekly chart. It's a puzzle and also sad to see so many bearish a...