Bitcoin 'Has Turned A Corner,' Raoul Pal Says: Does Data Back Him Up?
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Macro investor Raoul Pal believes Bitcoin is in a normal consolidation phase and is set for significant price appreciation. He points to his global M2 liquidity model and historical patterns suggesting Bitcoin could reclaim previous highs within months, with potential long-term price targets ranging from $210,000 to $800,000 by 2025.
March 21, 2025 | 2:30 pm
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Raoul Pal suggests current Bitcoin price action is a normal consolidation before a significant upward move, backed by his liquidity model and economic indicators.
Pal's analysis suggests Bitcoin is in a typical pre-bull run phase, with strong financial conditions and historical patterns indicating potential price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100