Renowned macro expert Raoul Pal predicts Bitcoin could surge past $140,000 by July, using the Global M2 metric as a bullish signal. Discover key trends, trading insights, and what this means for DeFi and Web3 enthusiasts.
Raoul Pal Predicts $140,000+ Bitcoin by July: A Bold Forecast for Crypto Enthusiasts
Understanding the Prediction
In a recent video shared with his 236,000 YouTube subscribers, Real Vision founder and renowned macro expert Raoul Pal detailed his bullish outlook for Bitcoin (BTC). Pal believes that the key metric – the global money supply (Global M2) – is tightly correlated to BTC’s price. As global liquidity conditions align, Pal foresees Bitcoin breaking past the $140,000 mark by July.
Global M2 and Its Impact on Bitcoin
Pal’s analysis focuses on the Global M2 metric, a measure of the money supply that includes cash, checking deposits, and easily convertible near money. With increasing liquidity worldwide, investors are shifting their focus toward digital assets, which explains the growing interest in Bitcoin. This new perspective is pivotal for understanding the broader macro trends that drive capital into the crypto space.
Trends in Trading, DeFi, and Web3
For traders and DeFi pioneers alike, Pal’s bullish prediction is not just about Bitcoin’s price, but a signal of the technologic convergence in the crypto space. As decentralized finance continues to evolve and Web3 further decentralizes the Internet, Bitcoin is emerging as a core asset underlying these innovations. With institutional adoption on the rise, the intersection of traditional finance and blockchain technology is reshaping global markets.
Actionable Advice for Crypto Enthusiasts
Considering Raoul Pal’s insights, crypto enthusiasts should:
- Monitor the Global M2 metric as an indicator of broader market trends.
- Stay informed on macroeconomic factors that could influence liquidity across markets.
- Explore the integration between DeFi projects and traditional finance as a growth opportunity.
- Maintain a diversified portfolio while keeping an eye on Bitcoin as the potential market leader.