Real Vision CEO: BTC may reach $350,000 at the end of the year
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According to Golden Finance, Real Vision CEO Raoul Pal said in the podcast "Raoul Pal The Journey Man" that Bitcoin may reach $350,000 at the end of the year under the benchmark, and may exceed $500,000. He pointed out that benefiting from the increased market maturity and the launch of Bitcoin ETFs, Bitcoin price volatility has been significantly reduced, and there will be no significant pullback of 25% even after reaching $100,000.
Regarding future investment outlook, Pal stressed that the next five years are a key investment opportunity period. He said that AI is disrupting traditional industries, with its IQ rising from 90 last year to 157 and is expected to continue to grow rapidly in the future. This technological innovation will reduce the marginal value of knowledge and significantly change the structure of multiple industries including content creation and manufacturing. He advises investors to actively lay out the technology and cryptocurrency sectors by 2030 to deal with the major changes that are coming.