Macro investor Raoul Pal highlights that Bitcoin's price is more influenced by global liquidity than by geopolitical conflicts. Recent events in the Middle East have had minimal impact on cryptocurrency markets.
Global Liquidity's Influence on Bitcoin
Raoul Pal emphasizes that 89% of Bitcoin's movement correlates with changes in global liquidity, underscoring its detachment from conflicts like those between Israel and Iran.
Historical Data and Bitcoin Recovery
Historically, Bitcoin tends to experience short-term volatility during Middle Eastern tensions, but typically rebounds quickly as liquidity stabilizes. Experts note Bitcoin's resilient recovery pattern once liquidity conditions are normalized.
Expert Conclusions and Projections
Expert analyses, including Pal's, stress that Bitcoin’s valuation and movements are driven more by monetary policy than isolated geopolitical events, which provides investors a clearer framework in navigating such circumstances.
Overall, the views of Raoul Pal and other experts affirm that Bitcoin maintains resilience against temporary political disturbances, being primarily linked to global liquidity trends.
