This is why Raul Pal is expecting a Bitcoin Rally soon.

British financial expert Raoul Pal has predicted a recent spike in Bitcoin prices, hinting at a parabolic rally in the coming “summer and autumn of crypto.”

Known for his macroeconomic expertise, Pal, a former Goldman Sachs executive, is a staunch advocate for crypto.

Why Pal Predicts Bitcoin Bull Run?

Pal anticipates a market soon to enter what he whispers is the “banana zone.” This period is expected to trigger a full-scale mania in the crypto sphere that will continue well into 2025.

This event was It is linked to the global liquidity cycle, which has shown a clear cycle since the 2008 financial reset. Driven by fixed interest rates and debt maturities. According to Pal, this creates a favorable macroeconomic rhythm.

The beginning of “Crypto Summer” could usher in the altcoin season, with cryptocurrencies like Ethereum and Solana potentially outperforming Bitcoin. However, he warns that the timing could cause confusion, with meme coins reaching “stupid” prices and other assets reaching “stupid prices”.

Pall also explains that the underlying driver is “everything code,” which he describes as a recurring business cycle that is enhanced by liquidity increases necessary to manage debt flows. This cycle is supposed to depreciate the currency, which in turn increases property values. Technology and crypto-assets, benefiting from global adoption trends, can thrive in these conditions.

“The liquid growth tends to create a banana zone,” Pal said.

Read More: Bitcoin Price Prediction 2024/2025/2030

In the year In his January 2024 guidance, Pall gave critical advice to crypto investors, urging caution against investments that stem from fear of commercial use and loss (FOMO). It primarily advocates investing in three to five major crypto assets and emphasizes the importance of self-sustaining wallets.

His strategy focuses on long-term holdings, waiting for frequent market fluctuations, and advises informed investors to “buy the dip” if possible.

While Pall's forecasts are generally based on financial theory and historical data, he cautions that the market can still produce unexpected results. This includes sharp corrections or extended lateral movements.

Read more: 7 must-have cryptocurrencies for your portfolio before the next bull run

In the year In 2019, Pal declared Bitcoin to be “enviably undervalued”. This view is in line with the current optimism on the direction of the crypto market.