Real Vision CEO, Raoul Pal, predicts that increasing global liquidity will cause Bitcoin and other digital assets to surge. He believes that the historical relationship between Bitcoin and the global money supply suggests that the top cryptocurrency is getting ready for a significant breakout. Pal compares the current situation to 2017 when Bitcoin experienced a similar correction before going on a series of rallies. He also states that Bitcoin will trade higher within a logarithmic regression channel, indicating a long-term upward trend. At the time of writing, Bitcoin is trading at $80,703, up 1.4% in the last 24 hours.
Content Editor ( dailyhodl.com )
- 2025-03-12
Bitcoin and Crypto About To Be Boosted by Global Money Supply Explosion: Former Goldman Sachs Executive
