Former Goldman Sachs manager and Real Vision Founder Raoul Pal said that the depreciation in the US dollar can carry the price of Bitcoin in the coming months. He pointed out that the increase in global money supply may directly affect crypto money markets in his shares on the social media platform X.
The value of the dollar is reduced consciously
According to Pal, policy makers aim to weaken the dollar in a controlled manner against the increasing burden of debt. The main reason for this approach is that countries can easily translate their external debts and reduce interest burden. However, Pal stressed that this process is expected to move forward with a gradual relaxation, not a sudden decline.
“Nobody wants to collapse the dollar at a time. Such a scenario may be destructive for risky assets, Pal Pal said, a lower dollar was preferred for the next 12 months. This can create a positive ground, especially for alternative investment instruments such as Bitcoin.
Due to the dominant role of the dollar in the global financial system, the loss of value to be experienced can affect not only the US markets but also the whole world. According to Pal, this may be a development that will open the gates of opportunity for hungry crypto currencies.
The bond between global liquidity and bitcoin
Another point that Raoul Pal draws attention to is the high correlation between Bitcoin and global money supply. According to data, there is a parallel of 87 %between Bitcoin prices and global liquidity movements. This shows that every increase in money supply has echoed in the crypto money market.
Pal Bitcoin broke a record when the money printing accelerated after the stagnation in 2020 broke the record, ”Pal sampled this correlation. According to him, the markets are currently moving towards a similar scenario. In particular, the loose monetary policies of the central banks may trigger the re -rise of Bitcoin.
Pal also argued that the effect of liquidity increase on Bitcoin usually emerged with a 12 -week delay. In other words, the steps taken today may have an effect on crypto money prices within three months.
Eyes in the markets in economic indicators
According to Pal’s analysis, Bitcoin is currently trading at about $ 93,570. However, the more important point is which direction this level will be broken in the future. At a time when the US national debt exceeds $ 36.2 trillion, the direction of monetary policies becomes more critical than ever.
International trade relations, customs duties and interest decisions are among the important factors that shape the value of the dollar. However, Pal, “the determinant will be global liquidity,” he puts the effect of other factors in the secondary position.
All these developments cause Bitcoin investors to turn their eyes back into macroeconomic indicators. Because both short -term opportunities and long -term trends are now intertwined with global monetary policies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
