Bitcoin and Altcoin Prediction from a Giant Name!

Bitcoin and altcoin prediction was made by Ari Paul, CIO of BlockTower Capital.

Bitcoin and altcoin prediction came from the giant name. BlockTower Capital CIO and co-founder Ari Paul stated that Bitcoin could potentially gain more than 10 times in value in the next two years.   Bitcoin Will Grow Between 153-915 Percent BlockTower Capital CIO and co-founder Ari Paul, stated to his 149 million followers that the bull market could continue until the end of 2022, and that Bitcoin could gain between 153 and 915 percent from the current price of $ 39,000. Ari Paul said the following on the matter: “In terms of time, I guess we have 9-22 months. In terms of price, my guess is that BTC ends the bull run between $ 100,000- $ 400,000.”   "Altcoins Will Outshine BTC in the Coming Months" Ari Paul, who interviewed Bitcoin bull Raul Pal, stated that although he is optimistic about BTC in the long term, altcoins will overshadow Bitcoin in the coming months. Ari Paul went on to say: “So, if this bull market looks like its predecessors… I think overall all cryptocurrencies will likely outperform Bitcoin. And this has happened every time in the past. Basically, lower quality small altcoins tend to perform better. This is because people have an increased tolerance for risk. There is an element of greed. They produce a lot, Bitcoin increases 5 times, people are rich now. They're looking for their next 5X. And in Bitcoin, they feel this will be difficult. So they start turning to lower quality assets for the same higher tiers.”   When Are the Busiest Times of the Bull Market? Referring to the busiest periods of the bull market, Paul stated that he is looking for signs of extreme greed, said, “Things to watch: Rally by individual investors with high leverage, exorbitant levels of total leverage in the ecosystem… The timing market is extremely difficult. Almost no one is really good at this. I think it is very possible to define the general final stage "9th hit". The challenge is that this phase can take a year (although this is unlikely) and BTC has increased by 300% over that time.” Ari Paul also stated that the only best strategy to make the most of the current burst cycle is to watch the paint dry and said: “Even if I'm close to the right, it will be hard to beat the buy and hold strategy at the end of this bull run. For active traders, it is certainly possible to add a large number of alphas with timing and rotation, but the opportunity cost of errors is high.”     Source: Kriptokoin.com