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

Real Vision CEO Raoul Pal believes the recent volatility in Bitcoin’s (BTC) price is due to institutions selling to help shore up their end-of-year profits.

The perennial bull told Vlad from The Stakeborg Talks in a Monday interview that he believes the market is currently lopsided due to the effect of institutions. Pal said that they have been selling to lock in their profits. It was a way for institutions to say, I believe in getting paid.