Raoul Pal Predicts Imminent Bitcoin Rally Amid Rising Global Liquidity
- Raoul Pal, a former Goldman Sachs executive, believes Bitcoin will soon start a new uptrend.
- Pal notes that Bitcoin follows the global liquidity cycle with a 10-week lag.
- Global M2 money supply has sharply risen after bottoming in late 2024.
- Julien Bittel of Global Macro Investor suggests Bitcoin lags global M2 by 12 weeks.
- Pal predicts Bitcoin could reach a market cycle top of at least $210,000.
Raoul Pal anticipates that Bitcoin will end its correction and begin new rallies as global liquidity increases, with predictions of potential high market cycle values for the cryptocurrency. At the time of writing, BTC trades at $82,500, down 2.25% in the past day.
Source (2.6)https://dailyhodl.com/2025/03/30/almost-over-macro-guru-raoul-pal-hints-at-imminent-bitcoin-rallies-amid-rising-global-liquidity/?rand=59076
