Raoul Pal: "Bitcoin Could Surpass $140,000 by July Due to Global Liquidity Expansion"

Raoul Pal, a macroeconomic expert and founder of Real Vision, has projected that Bitcoin (BTC) could surpass $140,000 by July.

According to The Daily Hodl, a cryptocurrency-focused media outlet, Pal recently stated on YouTube, "Bitcoin's price shows a close correlation with the global 'broad money (M2),' and the current M2 indicator suggests that Bitcoin could rise about 28% from now to exceed $140,000." This analysis reflects that the M2 indicator, which mirrors global liquidity flows, is still sending strong bullish signals.

Typically, an increase in M2 raises liquidity within the financial system, increasing investable funds, which tends to boost demand for risk assets like Bitcoin.

Pal noted, "M2 had previously signaled Bitcoin's $75,000 adjustment last month," emphasizing, "People focus on tariffs or geopolitical issues, but ultimately, it's liquidity that moves the market." He added, "I predicted Bitcoin's all-time high in May, and the current indicators point to the possibility of surpassing $140,000 by July."

He also analyzed, "As the cycle progresses, Bitcoin will rise at a pace exceeding M2, and when the market reverses, it will fall faster than liquidity."

Pal predicted, "When 'FOMO' (Fear of Missing Out) operates in the market, Bitcoin's upward trend will outpace liquidity," adding, "Conversely, if fear spreads, the decline will also be faster than liquidity."