A few hours ago, Bitcoin tried to reach $44,000, but was stopped. Most cryptocurrencies are slightly in the green, with Caldano being the biggest gainer among large-cap stocks, up 8%.

Raoul Pal, CEO of Real Vision, reveals his price targets for Bitcoin (BTC) and Ether (ETH) this year, as well as the emerging cryptocurrency sector that he believes will perform well in the coming months.

Pal claims in a new Real Vision Finance interview that favorable macroeconomic conditions near the end of the year could push bitcoin and ethereum above $100,000 and $10,000, respectively.

He's using the logarithmic channel. The positive for bitcoin is that if we regain traction, especially if we see some central bank easing, which he thinks we'll see in the last quarter of the year, or hinting at it, he still believes bitcoin can grow 300% or more this year, and ETH could grow even more.

At the time of writing, Bitcoin is worth $42,326.00 and Ether is worth $3,226.07.

2022 – The Year of the Special Token

According to former Goldman Sachs executives, 2022 will be the year of the social token, a cryptocurrency asset that monetizes the value provided by people, brands or communities.

He says he's been avoiding that for a while because he's doing something he can't really talk about, but he believes 2017 is the year of the social token." People haven't gotten a handle on it. That's something I talk about.

People who really get it. Boring apes started with ape tokens. There are some, although they are still small.

We're going to see some large community tokenization that demonstrates the power of the token economy. That's the main point that most people don't know about because they haven't seen it yet. That's my main prediction for this year, he said.