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Raoul Pal believes institutions have finished taking profits as year winds up

Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell-offs but that the selling is likely done for now.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Raoul Pal believes institutions have finished taking profits as year winds up

Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell-offs but that the selling is likely done for now.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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