The macro guru Raoul Pal has just revealed the fact that the bulls are coming back to the market. Check out the latest reports about the matter below.
Raoul Pal revealed that bulls are coming to the markets
According to Real Vision founder Raoul Pal, he continues to hold a positive outlook on digital assets despite the bear market.
He has recently increased his investment in one of Ethereum’s (ETH) top competitors and shared a portfolio update during a Bankless interview. Pal, a former executive at Goldman Sachs, remains confident in his investment decisions.
“I don’t change it a lot. I’m very consistent in what I do. It’s still about 80% Solana, a small bit of Bitcoin, and a handful of other things that I bought just to feel the price. I don’t mention them on Twitter because then everyone destroys you and attacks you… Basically, it’s the same portfolio that I’ve had and I don’t really change it…”
The notes continued and said the following:
“I haven’t sold anything, so that answers something. I probably increased [my portfolio] by 30%-40% in June to October.”
According to an individual known as “The Everything Code,” the conditions are ripe for another Bitcoin (BTC) bull market, with a possible peak in 2026.
This individual cites the influx of new capital and currency debasement as potential factors contributing to this trend in crypto and tech stocks.
“[The cryptocurrency market] looks very bullish from here on out. I’m reticent to name specific numbers, but this year looks more bullish than even I expected. What is really interesting is that the Everything Code also matches the [logarithmic] channel…”
He continued and stated the following:
“They’re all consistent amongst different ways you back in and out. So yeah, it just looks like a crypto cycle, and it looks like it should be. I don’t think it’s a pure function of the debasement, because if it was, then the [2020-2021] cycle would have been even bigger. It’s a function of the amount of capital available to move the space, etc. So yeah, it looks very positive to me, and I don’t think we need to get worried until 2025.”