Crypto Bull Cycle May Last Until 2026 Says Raoul Pal

Raoul Pal, the CEO of Real Vision, has forecasted that the current crypto bull cycle could extend until 2026. This prediction is grounded in his observation of favorable macroeconomic conditions that are driving the market. Pal, a seasoned macro investor, draws parallels between the current crypto trends and the 2017 bull run, suggesting that the cycle could last until 2026. He attributes this extended period to factors such as central bank liquidity and a weak US dollar, which are creating a supportive environment for crypto investments.

Pal's analysis indicates that the current cycle shares similarities with the 2017 surge, which was also driven by macroeconomic slowdowns and liquidity-fueled climbs. He believes that the market may handle volatility better due to stable investor bases and potential policy changes. Additionally, the stabilization of Bitcoin ETFs and maturing infrastructure further supports the prospects for the crypto market through 2026.

Despite significant pullbacks in the crypto market, Pal emphasizes the resilience of the market, urging investors to remain patient and await the next phase of the "banana zone," which he predicts will extend into 2026. Macroeconomic factors, such as decreasing interest rates, are bolstering the crypto landscape, making risk-on assets like Bitcoin and Ethereum particularly attractive. Pal's high conviction in certain altcoins is evident, with over 70% of his portfolio invested in SUI, indicating his bullish stance on these assets.

Pal's prediction for an extended crypto bull cycle is not limited to Bitcoin. He also expects non-fungible tokens (NFTs) to make a significant return during this cycle. Pal, known for his early prediction of $100,000 Bitcoin as far back as 2013, advises his followers to prioritize owning as much crypto as possible first, and then focus on acquiring as many NFTs as possible. He believes that "art is upstream of wealth" and that NFTs could serve a greater purpose in the online world in the future.

While the crypto community has been relatively quiet on NFTs during this cycle, Pal believes that they could make a comeback during the mania phase of the crypto cycle. This phase is characterized by an influx of retail investors looking to capitalize on the latest trends. If celebrity influencers start promoting NFTs again, they could experience a boom similar to the previous cycle.