Macro Guru Raoul Pal Forecasts Next Massive Bull Market in Crypto Driven by Global Liquidity Cycle
Raoul Pal, a former executive at Goldman Sachs, believes that the global liquidity cycle will have a positive impact on cryptocurrency prices. In a recent YouTube video, Pal, who has a substantial following of 703,000 subscribers, explains that there are currently various sources of macroeconomic liquidity, including upcoming decisions made by the U.S. Federal Reserve regarding monetary policy. Pal, who is the CEO of Real Vision, also points out that liquidity tends to increase during “crypto macro summers.” He cites previous years such as 2020, 2016, and 2012 as examples of good periods for liquidity, which coincided with the rise of crypto and technology. As we approach fall, Pal suggests that liquidity will continue to rise until it eventually reaches its peak in winter, leading to corrections and down cycles in the crypto market. Pal reveals that he is currently heavily invested in Solana (SOL), along with a few smaller memecoins and other assets. He explains that he finds the Solana/Bitcoin and Solana/ETH cross charts incredibly compelling, and believes that owning Solana is the best way to maximize profits. At the time of writing, Solana is trading at $160.33, showing a 13.5% increase in the past 24 hours.