Market Analysis: Extended Bitcoin Cycle Ahead
Renowned macro analyst and Real Vision founder Raoul Pal has made a striking prediction that could reshape cryptocurrency investment strategies: the current Bitcoin bull market may extend into 2026, significantly longer than conventional expectations of a 2025 peak. This forecast comes as Bitcoin trades at $88,617, with several macro indicators suggesting sustained growth ahead.
In a detailed analysis linking to Trump’s Bitcoin Reserve Plan Shocks Market: $90K Hit!, Pal outlines how global liquidity trends and monetary policy could fuel an extended crypto uptrend.
Key Factors Supporting Extended Bull Run
- Global M2 money supply growth correlation with crypto assets
- ISM Manufacturing Index readings above 50 signaling expansion
- Historical pattern comparison to 2017 bull market
- Multiple 20%+ corrections maintaining overall uptrend
Price Targets and Market Implications
Pal suggests Bitcoin could exceed $300,000 if current trends continue, though he emphasizes probability-based analysis over precise predictions. The market has already demonstrated remarkable resilience, maintaining a 600% gain despite seven significant corrections.
Altcoin Outlook
For the altcoin market, Pal maintains bullish positions on Ethereum and Solana, predicting they will outperform Bitcoin in the latter half of the cycle. Despite Solana’s recent 53% drawdown, he sees strong potential for recovery based on global liquidity metrics.
Investment Strategy Recommendations
Pal emphasizes the importance of patience and proper portfolio construction, warning against leverage and emotional trading. He advises investors to prepare for continued volatility while maintaining a long-term perspective on the market’s potential.