The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Ethereum North of $20,000 ‘Feels About Right,’ Says Macro Guru Raoul Pal – Here’s Why

by Daily Hodl Staff
September 1, 2021
in Bitcoin, Ethereum

Macro guru Raoul Pal predicts that Ethereum (ETH) can skyrocket over 480% from its current price of $3,427 in the coming months.

In a new Bankless episode, the former Goldman Sachs executive unveils how he derived a $20,000 price prediction for the leading smart contract platform.

“My price prediction has been ETH north of $20,000, and that’s pretty simple. All I did is just map over the ETH chart to the Bitcoin 2017 chart. They work perfectly, and it gives you $20,000. There’s no great science to that, but it feels about right.” 

Earlier this month, Pal called Ethereum the “greatest trade’ as changes in the fundamentals of the second-largest cryptocurrency work to significantly reduce the supply of ETH.

“Basically, there’s 13% of all the free float of Ethereum available. Everything else is being staked, locked and hoarded. They’ve just made the supply more difficult. The supply is lower.”

Pal says Ethereum can reach his price target before March 2022.

Looking at Bitcoin (BTC), Pal says the leading cryptocurrency can also meteorically rise in the coming months.

“I’ve also mapped the Bitcoin price versus Bitcoin 2013. They look pretty similar. There’s a bunch of other ways I’d do it with Bitcoin with log charts, regression analysis, stuff like that. Generally speaking, I think it’s somewhere between $250,000 to $400,000, with an outside chance of a million [dollars] if we get an extended cycle.”

The macro guru names two huge catalysts that can fuel the rally of the king cryptocurrency.

“Don’t forget, they usually go up 5 to 10x in the last three months of the year. We haven’t even got to the all-time high, but let’s say Bitcoin goes up 5x from the $60,000 high. That’s $350,000. That would be a very normal rally for year-end, considering we’re about to have an ETF (exchange-traded fund). And if I’m right, we might see the central bank pivoting to more printing. They may not print more money this year, but they’ll start talking about it. Those two things alone are enough to drive Bitcoin to $350,000.” 

I

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/flat_tesseract

Submit a Press Release

Industry Announcements

  • AB DAO and AB Charity Foundation Join Forces To Build a Trustworthy Infrastructure and Promote Global Philanthropic Transformation
    May 12, 2025
  • Sonic Labs Announces $10 Million Token Sale to Galaxy for US Expansion
    May 12, 2025
  • New Purpose-Built Blockchain T-Rex Raises $17 Million To Transform Attention Layer in Web 3.0
    May 8, 2025
  • Flipster Makes Esports Debut As Official Crypto Exchange Partner of TALON’s Dota Two Team, Powering a New Era of Fan Engagement
    May 7, 2025
  • Bybit Bounces Back – Kaiko Validates Fast Liquidity Recovery Post $1.5 Billion Hack
    May 7, 2025
  • ProMeet Unveils the Promeeters Program To Boost Influencer Impact and Long-Term Earnings
    May 6, 2025
  • DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital To Launch Dogecoin App Layer
    May 6, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$102,646.50
$102,646.50
1.24%
Ethereum
$2,457.11
$2,457.11
1.98%
BNB
$647.62
$647.62
1.09%
Solana
$170.01
$170.01
2.92%
XRP
$2.48
$2.48
3.82%

Spotlight

  • Big Week Coming for Bitcoin As BTC Flashes ‘Ideal’ Build Up for Potential Rallies, According to Analyst
    May 5, 2025
  • Cathie Wood Says ‘Suprises to the Upside’ Approaching, Sees Market Shaking Off Headwinds
    May 5, 2025
  • Ethereum ICO Participant Dumps $29,350,000 Worth of ETH After Waking Up From Dormancy: Lookonchain
    May 5, 2025
  • Kraken Catches North Korean Hacker Posing As ‘Steven Smith’ Applying for Job at Crypto Exchange: Report
    May 5, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl