Renowned economist Raoul Pal shared his forecasts regarding Bitcoin prices, linking them to global economic trends and money supply.
Impact of Global Money Supply on Bitcoin
According to Pal, Bitcoin's price is largely determined by liquidity conditions. He points out an intriguing correlation between changes in global money supply and Bitcoin price trends, predicting an adjustment originally slated for April 2024. These financial shifts may outline Bitcoin's future direction.
Price Unpredictability for Bitcoin
Although global money supply significantly dictates Bitcoin's price trajectory, Pal acknowledges that deviations can arise. As the cycle matures and interest peaks, Bitcoin might exceed the anticipated global money forecasts. He explains that investor psychology could be crucial during these moments.
Market and Psychological Factors
Pal also noted that increased risk appetite could push prices higher, while fear in the market might lead to prices declining below forecasts. As of June 2025, Bitcoin hovered around $109,350, with analysts focusing on global macro indicators for price impact.
Raoul Pal's predictions emphasize the significance of money supply and macroeconomic factors for price fluctuations in Bitcoin. Maintaining vigilance in monitoring liquidity and fundamental indicators is vital for future investors.
