Raoul Pal, CEO of Real Vision, forecasts that the current crypto bull cycle could peak as late as 2026 due to favorable macroeconomic conditions.
Extended Crypto Cycle Mirrors 2017 Patterns
Raoul Pal, a veteran macro investor, aligns current crypto trends with the 2017 bull run, suggesting an extended cycle till 2026. His analysis points to favorable financial conditions such as central bank liquidity and a weak US dollar.
Investor Confidence Grows in Bullish Market Trends
The crypto market shows resilience, marked by significant pullbacks yet continued bullish trends. "Despite seven 20%+ pullbacks in this cycle yielding 600% returns from the low, Pal stressed resilience, urging investors to ‘breathe deeply’ and await the next phase of the banana zone, now stretched into 2026."
2017-Like Liquidity Drives Potential Market Repetition
This cycle shares characteristics with 2017’s surge, tied to macroeconomic slowdowns. Pal points to similar liquidity-fueled climbs, marking a potential for historical repetition with stable investor bases.
Thus, Raoul Pal predicts that the crypto cycle may continue until 2026, supported by macroeconomic conditions and signs of growth observed in 2017.
