Raoul Pal Predicts Crypto Cycle Echoing 2017

Raoul Pal identified the current crypto cycle as “spookily similar” to 2017, based on economic, sentiment, and technical evidence. He elaborates that, like in 2017, market corrections may precede a larger bull phase.

Pal is a former Goldman Sachs executive and founder of Real Vision. His insights are widely respected in the cryptocurrency industry, drawing on his background in traditional and digital finance.

Pal’s predictions come amid heightened interest in cryptocurrency market trends. He forecasts a parabolic phase with Bitcoin possibly reaching $400,000, implicating notable market movement for major cryptocurrencies.

Pal attributes the cycle elongation to sustained higher interest rates, highlighting increased global liquidity as a major factor in impending market shifts. Historical market patterns serve as a guiding framework for these projections.

It can’t be clearer to me. I’ve shown you the macro evidence, the technical evidence, the sentiment evidence. Everything suggests to me that, hold on to your hats, don’t f*ck this up, don’t lose control of your tokens, don’t use leverage, don’t get your wallet hacked, just sit with it, be careful, don’t get FOMO (fear of missing out)… — Raoul Pal, CEO, Real Vision source

The current cycle’s likeness to 2017 is evident in the liquidity-driven market movements. In 2017, similar initial corrections were followed by sustained market uptrends, reflecting repeated historical behavior.

Pal’s analysis suggests a prolonged cycle influenced by past dynamics, pushing Bitcoin and Ethereum toward significant valuation peaks. Such insights draw attention to macroeconomic conditions framing market volatility.