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Raoul Pal believes institutions have finished taking profits as year winds up
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Real Vision CEO Raoul Pal believes the recent volatility in the Bitcoin price is due to institutions selling to help shore up their end-of-year profits,
The perennial Bitcoin (BTC) bull told Vlad from The Stakeborg Talks in a Dec. 27 interview that he believes the market is currently lopsided due to the effect of institutions. Pal said that they have been selling to lock in their profits. It was a way for institutions to say “I believe in getting paid.”
@RaoulGMI answers fast. Not this time. He needed 6 seconds before answering "Why #DAO is so sexy" but the answer was brilliant.Less than 30 minutes until the premiere starts. Today, at 19:00 CET, on our Youtube channel:https://t.co/lq96tZHfwq@Arscryptopia @stakeborgdao
Read more on cointelegraph.comAbout this in other media
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