Bitcoin Bull Market May Last Until 2026 Says Raoul Pal

Crypto millionaire Raoul Pal, CEO of Real Vision, has made a significant prediction regarding the duration of the ongoing bull market in Bitcoin. Pal, known for his astute analysis of financial markets, has attributed the current bullish trend to large-scale investments and institutional adoption. According to Pal, these factors are not only driving the bull market but also expediting the widespread acceptance of cryptocurrencies.

Pal's insights highlight the transformative impact of institutional involvement in the crypto space. As more traditional financial entities embrace digital assets, the market dynamics are shifting, leading to increased stability and growth. This institutional adoption is seen as a critical factor in sustaining the bull market, as it brings in substantial capital and legitimacy to the crypto ecosystem.

Pal pointed out that cryptocurrency markets are currently repeating the cycle from 2017. He noted that in 2017, Bitcoin showed a steady rise throughout the year and gained sharply in value in December. Based on macroeconomic indicators, he noted that the current crypto bull cycle could last until the second quarter of 2026. Pal gave important signals for investors in his conversation with Jamie Coutts, director of crypto analysis, on the “The Journeyman” program broadcast on Real Vision. “When liquidity increases, the crypto market grows, this is now a clear relationship,” said Pal, arguing that Bitcoin’s sensitivity to global liquidity increased in certain periods by analyzing past data.

Coutts spoke about the new analysis models they have developed recently. These models include structures that relate Bitcoin's price movements to the increase in global liquidity and also measure risk levels in the markets. Coutts stated that investors should pay attention not only to price estimates, but also to market behavior and leverage ratios.

The acceleration of crypto adoption is another key point emphasized by Pal. With more individuals and organizations recognizing the potential of digital currencies, the demand for Bitcoin and other cryptocurrencies is on the rise. This growing demand is expected to support the bull market for an extended period, as the underlying technology and use cases continue to evolve.

Pal underlined developments in the Middle East, noting that countries such as the United Arab Emirates, Saudi Arabia, Bahrain and Qatar are making major investments in artificial intelligence (AI) and blockchain technologies. According to Pal, these countries are not only holding Bitcoin as a reserve asset, but are also building their state infrastructure on blockchain. It is stated that systems are being developed where transactions such as driver's licenses and land records will be managed with blockchain.

Pal's prediction aligns with the broader sentiment in the crypto community, where many analysts and investors are optimistic about the future of Bitcoin. The combination of institutional backing and increasing adoption is seen as a recipe for long-term success, with the potential for Bitcoin to reach new all-time highs in the coming months and years.

However, it is important to note that market predictions are subject to various factors, including regulatory changes, technological advancements, and global economic conditions. While Pal's analysis provides a bullish outlook, investors should remain cautious and conduct thorough research before making any investment decisions.

In summary, Raoul Pal's prediction of a prolonged bull market in Bitcoin is based on the significant role of institutional adoption and large-scale investments. As the crypto ecosystem continues to mature, the growing demand and stability brought by institutional involvement are expected to support the bull market, driving Bitcoin to new heights. According to Pal’s analysis, in light of liquidity conditions and macro indicators such as the dollar index, this bull cycle is likely to continue until the second quarter of 2026. “The current cycle resembles 2017 more than 2021. This long-term cycle may be larger and more complex than previously expected,” he commented.