Crypto Market in Early Expansion, Raoul Pal Warns of Potential Growth Surge

Raoul Pal, a prominent macro investor, believes the crypto market is still in its early stages of expansion. Despite recent calm in the market, Pal argues that the current situation foreshadows an explosive growth period. According to Pal, most altcoins and the total market cap are yet to experience significant breakouts, indicating a broader, slower-paced cycle. Historical ISM Manufacturing Index trends have shown alignment with Bitcoin cycle peaks, suggesting a longer current economic cycle.