Bitcoin's bull run is entering its seventh inning, according to seasoned investor Ari Paul. He predicts that there are two more growth stages ahead that could push the price of BTC to $125,000 and unlock opportunities for aggressive trading. In this phase, Bitcoin's growth will be gradual and driven more by institutional adoption rather than retail speculation. As more retail buyers enter the market, volatility and leverage on Bitcoin-based derivatives positions will increase. Paul expects the eighth and ninth inning to see "parabolic" growth for Bitcoin. He previously predicted a bullish Q4 in 2024 and a target of $100,000 for BTC. He also suggests that super-volatile assets could bring decent rewards with proper risk management. Additionally, economist Raoul Pal suggests that Ethereum might outperform Bitcoin in the coming phases of the bull run, with Solana and Sui also showing strong potential.
- Content Editor ( u.today )
- 2024-11-09
Bitcoin (BTC) Enters Crucial Bull Run Phase: Prediction by Investor Ari Paul