Crypto and commodities are set for a big rally, according to a market analyst.

A prominent market analyst believes that both cryptocurrency and commodity markets may be ahead of a parabolic rally.

This is because both crypto assets and commodities remain “extremely undervalued,” says analyst and entrepreneur Michael van de Pop.

In a September 15 post on X, the analyst noted that commodity prices have recently been assessed at the same level as in 2000 and 1971.

“Commodities and cryptos are very undervalued and will likely enter a 10-year bull market for commodities. I expect a lot of gains from these two asset classes.”

The index shows that commodity prices were at 2,000 balloons in 2008, before the increase in markets.

Increasingly, more analysts are looking for a crash in Bitcoin (BTC) in October, which could be corrected by the Federal Reserve meeting next week on September 18, which will bring about a widely expected interest rate cut.

Related: SEC crypto ‘overreach' costs retail investors $15B: John Deaton

Global liquidity is about to emerge: Raul Pal

An increase in global revenue could fuel the next Bitcoin bull rally.

According to Raoul Pal, founder and CEO of Global Macro Investor, this is mainly because leading economies are forced to refinance their debt.

This will lead to global liquidity in the US, Japan, China and Europe, Pal shared in a September 15 X video:

“As global liquidity increases, cryptocurrencies will increase, as will other markets such as the Nasdaq…Global M2 is also starting to increase.”

This growing amount of global liquidity could find its way into Bitcoin, leading to the next phase in the 2024 cycle – as Bitcoin's value is closely tied to the M2 money supply.

Related: Bitcoin price struggles as bears overtake bulls in futures markets

Bitcoin is headed for a historic three-month rally as analysts eye $92,000 BTC.

Based on historical chart patterns, Bitcoin looks poised for a three-month rally after a more than three-month decline.

Bitcoin recently retested a key support level on the weekly chart, which could set it up for a rally above $90,000, according to renowned Titan of Crypto analyst.

In a September 13 X post, the analyst wrote:

“In previous cycles, the price went up at least 40% when it tested the 50-week moving average. On average, the bounce was 71%. #BTC could reach $92,000 if it completes 71% of this.”

However, Bitcoin's “stress level” threatens more potential on the September low ahead of the next leg, which could be explored at the next Federal Reserve meeting on September 18.

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