Sat. Apr 20th, 2024

• Real Vision CEO Raoul Pal is predicting that crypto will be the best-performing asset class as the macro guru sees a continued rise in global liquidity.
• Pal is also paying attention to the US Investor Intelligence Sentiment Survey, a metric that shows the percentage of investors who are bullish on risk-on assets.
• The macro expert has previously said that he believes a new bull cycle officially kicked off in October and predicts new yearly highs for the crypto market with corrections along the way.

Raoul Pal Predicts Crypto Will Be Best Performing Asset

Real Vision CEO Raoul Pal is predicting that crypto will be the best-performing asset class as the macro guru sees a continued rise in global liquidity. In a new edition of his newsletter, he says cryptocurrencies are even likely to outperform what he calls Exponential Age stocks and tech company equities. According to Pal, “the two fastest horses in this race (the debasement and liquidity cycle) will be crypto first, followed by Exponential Age stocks and then tech. It is playing out perfectly.”

Pal Focusing on U.S Investor Intelligence Sentiment Survey Metric

Pal is also paying attention to the US Investor Intelligence Sentiment Survey, a metric that shows the percentage of investors who are bullish on risk-on assets. He notes that sentiment metrics remain extremely depressed which could signal a strategic buy signal for equities soon.

Bull Cycle Kicked Off In October

The macro expert has previously said that he believes a new bull cycle officially kicked off in October and predicts new yearly highs for the crypto market with corrections along the way. He states “short-term, [the Nasdaq] has entered overbought territory versus global liquidity conditions and is likely overdue for a correction some point soon after” but adds “the CRUCIAL point to understand is that liquidity will continue to rise.”

Increased Liquidity Sparks Surge In Crypto

Pal suggests increased market liquidity could spark another surge in cryptocurrency prices as well as drive other risk-on assets such as stocks higher over time. This could have positive implications for investors holding digital assets like Bitcoin or Ethereum long term.

Crypto Could Become One Of Fastest Horses Amid Expansion

As global liquidity continues expansion, Pal believes it’s possible that crypto could become one of “the fastest horses” among other asset classes due its potential upside relative to other markets such as traditional stocks or commodities. Investors should keep an eye on trends such as sentiment metrics which could give clues into when prices may increase or correct moving forward

By admin