Coin-Turk 24 minutes ago
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Macro expert and Real Vision CEO Raoul Pal asserts that Bitcoin (BTC ($94,739.93)) 
$94,481 is following a similar pattern as it did nearly nine years ago, suggesting a potential parabolic rise. In a statement on the social media platform X, Pal noted that the current market conditions align favorably for the leading cryptocurrency to ascend as it did two cycles ago.
Bitcoin’s 2016 Adventure
Pal emphasized that Bitcoin was trading around $1,000 in 2016, skyrocketing to nearly $20,000 within just a year. However, he cautioned against expecting a precise repeat of that surge, instead suggesting a possibility of a similar upward momentum.
Raoul Pal closely monitors the global M2 metric, which provides a broad measurement of the money supply in the global economy. According to Pal, the global M2 is repeating the same pattern it exhibited during the 2016-2017 period, suggesting that this sets the stage for a significant upward movement for the cryptocurrency.
Raoul Pal&rsquo…
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