Ron Paul sees big bubble in bitcoin
3:04
Ron Paul sees big bubble in bitcoin
Dec 19, 2017
CNBC
RAOUL PAL: BITCOIN IS DEEPLY DISCOUNTED Raoul Pal says based on global liquidity and how Nasdaq has tracked, #Bitcoin should be closer to $160,000 right now. That gap, in his view, is the liquidity discount $BTC is trading at. He calls this a technical year -- not a demand problem, but a timing one. According to the model, the finish should’ve been much stronger. If liquidity keeps doing what it’s been doing, that gap doesn’t stay open forever. | Cryptos R Us
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