After Ethereum, 'next stop will be higher risk alts,' says Bitcoin investor Raoul Pal

Cointelegraph

Published Jan 15, 2021 04:00AM ET

Updated Jan 16, 2021 06:00AM ET

As the cryptocurrency market is showing signs of bullish continuation on Jan. 15, Raoul Pal, the CEO of Real Vision Group and an avid Bitcoin (BTC) investor, is optimistic about the price of Ether (ETH). Pal also says he's looking to add “higher risk alts.”

ETH/USDT 4-hour price chart (Binance). Source: TradingView.com

Following Bitcoin’s rally above $42,000, many alternative cryptocurrencies, or altcoins, have indeed performed strongly, which is historically in line with altcoins performing well in Q1.

Aave, YFI, Sushi daily sentiment vs. Tweet volume. Source: TheTie
BTC vs. ETH (orange), DOT (blue), AAVE (yellow), YFI (purple) year-to-date. Source: Tradingview

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