Raoul Pal: Expect the ‘path of most pain’ around December and | DeCenter – Blockchain and Bitcoin

Raoul Pal: Expect the ‘path of most pain’ around December and upcoming release of Ethereum 2.0 and an Ethereum ETF will extend the crypto market cycle.

Former Goldman Sachs hedge fund manager and Real Vision founder Raoul Pal believes that the social media pundits are wrong and that the crypto market cycle won’t end this year.

In a Real Vision interview on Wednesday, Pal predicted that the current bull run won’t end in December, as it did spectacularly in 2015 and 2017, and will instead extend to some time between March and June.

According to Pal, Bitcoin, Ethereum and altcoin markets are likely to “take the path of most pain,” potentially crashing twice over the next six months.