Macro· ★★★· bullish·

Raoul Pal Says Crypto Bull Run Could Extend Into 2027

  • —Pal puts the current debt cycle at 5.8 years, with liquidity normally peaking in Q1–Q2 2027
  • —Two simultaneous funding demands: government debt issuance and AI capital spending
  • —The DXY is the key signal — the dollar must roll over and head lower for the thesis to play out
  • —Pal expects an AI-agent economy to expand crypto's addressable market toward 2030
Why it matters: The call ties further crypto upside to dollar weakness and rising liquidity, making DXY the trigger traders are watching.
Source: Coinpedia