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 Macro factors will play a dominant role in sparking the next crypto bull market, which should start in Q2 2024, according to Raoul Pal.
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<div class="cointelegraph">
 <p>The next <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> bull <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> is likely to kick in in Q2 next year when the Bitcoin halving is set to take place, says macro investor and Real Vision CEO Raoul Pal.</p>
 <p>He is convinced that, despite the hype surrounding the halving, macro factors will play the leading role in sparking the next uptrend.&nbsp;</p>
 <p>According to Pal, the Bitcoin halving cycle coincides with the macro cycle, which means every halving so far has taken place in a similar macroeconomic environment: monetary expansion and low interest rates.</p>
 <p>“Macro is actually the dominant factor and the halving is a false narrative, but it doesn't matter because it still works,” Pal said in an interview with Cointelegraph.</p>
 <p>Among the main catalysts favoring <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> next year are central banks cutting interest rates and potential fiscal stimulus that could precede the U.S. presidential election.&nbsp;</p>
 <p>Regarding price targets, Pal wants to avoid making predictions given that “you get beat over the head by people" for not getting them right.</p>
 <p>Still, looking at past performance, Bitcoin c double or triple its latest all times highs, Pal says.</p>
 <p>To know more about how to prepare for the next <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> bull <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a>, check out our full interview, and don’t forget to subscribe to our YouTube channel !</p><iframe width="100%" height="315" src="https://www.youtube.com/embed/MXO1LRqejaM" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/macro-factors-to-spark-next-crypto-bull-market-in-q2-2024-real-vision-s-raoul-pal-says-tbt65273.html">https://thebittimes.com/macro-factors-to-spark-next-crypto-bull-market-in-q2-2024-real-vision-s-raoul-pal-says-tbt65273.html</a></p>

Macro factors to spark next crypto bull market in Q2 2024, Real Vision's Raoul Pal says

TheBitTimes

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