Raoul Pal, CEO of Real Vision, has suggested that the current crypto cycle could peak by June 2026, mirroring the 2017 scenario.
Comparison to 2017
Raoul Pal predicts that the current cryptocurrency cycle will be similar to that of 2017, influenced by macroeconomic factors. He pointed out that the weakened dollar is a crucial aspect of this forecast.
Impact on Major Cryptocurrencies
Pal noted that a dropping dollar might increase investor interest, positively affecting cryptocurrencies like Bitcoin and Ethereum. Institutional investments are likely to support positive market trends.
Investor Opportunities
According to Pal's forecast, the cryptocurrency market may enter a prolonged growth phase, creating investment opportunities, especially in Layer 1 projects. This could also influence market dynamics and lead to varied regulatory responses.
Raoul Pal's predictions of a potential peak in the crypto cycle by 2026 highlight the significance of macroeconomic conditions and their impact on investors' financial decisions.
