BREAKING
449d 14h ago

Raoul Pal Endorses BTC as a Pristine Asset in Collaboration with Michael Saylor

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On November 17, COINOTAG News reported insights from Raoul Pal, a former Goldman Sachs executive and the founder of the macro research firm Real Vision. Utilizing the X platform, Pal revealed his ongoing collaboration with Michael Saylor, expressing mutual agreement on Bitcoin’s status as a pristine asset. Pal emphasized the transformative potential of tokenization, which is anticipated to encompass a wide array of assets and cultural elements. He clarified, however, that while these tokenized assets will proliferate, they should be viewed as distinct entities rather than direct replicas of Bitcoin. This evolution is projected to foster a diverse range of assets built on Bitcoin’s foundational layer, reflecting the cryptocurrency’s enduring role in the financial ecosystem. As the market matures, the implications of these developments will be critical for investors navigating the complexities of digital assets.

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