Bitcoin Could Surge 28% as Global Money Supply Rises

Raoul Pal, the founder of Real Vision and a prominent macro expert, has forecasted a significant rise in the price of Bitcoin (BTC) in the coming weeks. In a recent video, Pal shared his insights with his 236,000 YouTube subscribers, highlighting the correlation between the global money supply metric, known as Global M2, and Bitcoin's price movements.

According to Pal, the current global money supply metric suggests that Bitcoin could experience a 28% increase from its current level. He emphasized that Bitcoin's price is largely influenced by liquidity, and the metric has provided a three-month advance warning of the recent correction around $75,000 in April. Despite various speculations on social media attributing the correction to factors like tariffs or global events, Pal maintains that the metric has accurately predicted Bitcoin's price movements, including its all-time highs by May and a projected price exceeding $140,000 by July.

Pal also noted that while Bitcoin's price is currently aligned with the global money supply, there will come a point when it will start to outperform this metric. This decoupling, he explained, occurs when the market experiences a surge in interest and fear of missing out (FOMO), leading to a period of outperformance. However, he cautioned that this trend will eventually reverse, with Bitcoin underperforming as fear sets in and the market corrects.

At the time of writing, Bitcoin is trading at $109,350, reflecting the ongoing volatility and speculative nature of the cryptocurrency market. Pal's insights, while based on historical data and market trends, should be considered with caution, as the cryptocurrency market is known for its unpredictability and high risk. Investors are advised to conduct thorough due diligence before making any high-risk investments in Bitcoin or other digital assets.