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<p class="is-style-lead">A captivating forecast for the cryptocurrency market from respected former Goldman Sachs executive, Raoul Pal, is creating a stir in the financial world. According to Pal, a bullish phase is on the horizon, with bitcoin (<a href="https://crypto.news/price/bitcoin/" data-type="URL" data-id="https://crypto.news/price/bitcoin/">BTC</a>) at the helm, marking the dawn of what he calls the “exponential age.”</p> 
<p>According to Pal, we’re on the cusp of a significant bull run for digital assets, ushering in what he describes as the “exponential age” – a time of swift and substantial technological advancements.</p> 
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   <p lang="en" dir="ltr">The Exponential Age theme, continues, well exponentially….<br><br>The Exponential Age basket is up over 60% YTD… 1/ <a href="https://t.co/zFrGQPS1HM" target="_blank">pic.twitter.com/zFrGQPS1HM</a></p>— Raoul Pal (@RaoulGMI) <a href="https://twitter.com/RaoulGMI/status/1671483635386441730?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 21, 2023</a>
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<p>Delving into Pal’s insights, he contends that technology stocks will overshadow other types of investments, but cryptocurrencies, particularly bitcoin, are poised to take center stage.&nbsp;</p> 
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   <p lang="en" dir="ltr">My thesis is crypto will outperform tech and tech will outperform all other equities. <br><br>BTC is up 75% YTD <a href="https://t.co/jcPGPkovnJ" target="_blank">pic.twitter.com/jcPGPkovnJ</a></p>— Raoul Pal (@RaoulGMI) <a href="https://twitter.com/RaoulGMI/status/1671483637093523457?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 21, 2023</a>
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<p>Another notable validation of his thesis is ethereum’s (<a href="https://crypto.news/price/ethereum/">ETH</a>) recent performance. ETH is inching closer to a significant milestone, nearing a critical price point of around $2,000.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/bitcoin-breaks-the-30k-mark-as-whales-move-in/"> Bitcoin breaks the $30k mark as whales move in </a> </p> 
<h2 class="wp-block-heading" id="pal-s-observations">Pal’s observations</h2> 
<p>In the broader tech sector, Pal’s analysis also pinpoints significant wins. For instance, Tesla (TSLA) boasts a remarkable 160% increase this year, while VanEck’s Semiconductor exchange-traded fund SMH has risen nearly 60% thus far.&nbsp;</p> 
<p>These figures align with Pal’s theory that tech stocks could outperform other equities.</p> 
<p>Furthermore, Pal postulates that a new bull market cycle commenced in October. Although this cycle may witness periodic corrections, he foresees the crypto market reaching new annual highs.&nbsp;</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">This is all the confluence between The Everything Code and the Exponential Age and is my core focus for this cycle, which I think we started in October when liquidity bottomed… <a href="https://t.co/DaC0zmkxJj" target="_blank">pic.twitter.com/DaC0zmkxJj</a></p>— Raoul Pal (@RaoulGMI) <a href="https://twitter.com/RaoulGMI/status/1671483644379029504?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 21, 2023</a>
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<p>Pal believes that as technology stocks correct, cryptocurrencies will record new yearly highs.</p> 
<p>The financial world, it seems, is on the threshold of an exciting evolution. As Pal puts it, “Welcome to the Exponential Age.”</p> 
<p> Read more: <a href="https://crypto.news/tether-usdt-set-to-go-live-on-the-kava-blockchain/"> Tether (USDT) set to go live on the Kava blockchain </a> </p>

Raoul Pal predicts ‘exponential age’ for crypto amid recent bull market

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