Raoul Pal Predicts Bitcoin’s Price Hike Driven by Key Indicators

Raoul Pal, former Goldman Sachs executive and cryptocurrency expert, has identified crucial indicators signaling a potential surge in Bitcoin’s price. By analyzing global liquidity cycles, he observed that Bitcoin lags this cycle by approximately ten weeks. Data also suggests a noticeable increase in global M2 money supply, which is expected to bottom out by the end of 2024. This rise in M2 could indicate an imminent shift in market trends, potentially leading to new rallies for Bitcoin.