- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Pal sees crypto trends like 2017.
- Cycle peak projected by June 2026.
Raoul Pal, CEO of Real Vision, forecasts a crypto cycle similar to 2017, extending into June 2026, citing macroeconomic conditions.
The prediction of crypto market similarity to 2017 is critical as it suggests extended growth due to macroeconomic factors, inciting positive market reactions.
Comparing Cycles
Raoul Pal, CEO and co-founder of Real Vision, draws parallels between the current crypto cycle and 2017.
His statements indicate potential growth extending into 2026, influenced by macroeconomic trends. Pal, a former Goldman Sachs executive, highlighted the prolonged business cycle remaining below 50, which suggests an extended duration similar to the 2017 surge.
Immediate market effects have included increased institutional interest and shifts in asset values. Bitcoin and Ethereum, prominent cryptocurrencies, are notably affected along with volatility in altcoins such as Solana. Weaker USD and declining interest rates boost crypto market outlook, making assets attractive to investors.
Pal’s analysis indicates potential regulatory and market structure improvements, reminiscent of trends from 2017, possibly enabling longer cycles. The anticipated timeline for this crypto cycle peak is based on historical trend comparisons and macroeconomic influences. As the cycle unfolds, both developers and investors maintain cautious optimism.
“It’s spookily similar to 2017 … the business cycle score … is still below 50 and it generally takes a while to climb up” – Raoul Pal, CEO, Real Vision, stated: source.
The influence from macro indicators such as a weakening dollar and anticipated lower interest rates serves as a parallel to past events, predicting an extended bullish market phase.
Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |