{"id":152844,"date":"2025-03-12T08:00:01","date_gmt":"2025-03-12T06:00:01","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152844"},"modified":"2025-03-12T13:25:12","modified_gmt":"2025-03-12T11:25:12","slug":"bitcoin-poised-for-a-breakout-as-liquidity-grows-says-raoul-pal","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-poised-for-a-breakout-as-liquidity-grows-says-raoul-pal\/","title":{"rendered":"Bitcoin Poised for a Breakout as Liquidity Grows, Says Raoul Pal"},"content":{"rendered":"
Pal points<\/a> <\/strong>to Bitcoin\u2019s<\/a> <\/strong>historical correlation with the global money supply (M2), suggesting that the cryptocurrency is on the brink of a significant upward move.<\/p>\n He acknowledges that crypto markets have been under pressure due to a strong U.S. dollar and higher interest rates in late 2024. However, he argues that these conditions are shifting, financial constraints are easing, and M2 is climbing back to record levels. In his view, the current downturn is nothing more than a routine market correction.<\/p>\n Pal draws parallels to 2017, when Bitcoin experienced a similar pattern during Donald Trump\u2019s first term as U.S. president. Back then, Bitcoin initially faced a sharp decline due to policy-driven market reactions, such as a stronger dollar and rising rates, before staging a powerful comeback with multiple rallies.<\/p>\n Additionally, Pal believes Bitcoin\u2019s price action remains confined within a logarithmic regression channel, a technical framework used to gauge long-term market trends.<\/p>\n He suggests that while Bitcoin will continue moving upward within this structure, it remains uncertain whether it will stay near the central trendline or push beyond it as the current cycle evolves.<\/p>\nRead More:<\/h5>\n \n
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