Raoul Pal Says a Bitcoin Supercycle Is More Likely Than Ever in 2026
Key Takeaways Raoul Pal sees rising supercycle odds driven by debt monetization and the largest capex boom in history. Bitcoin’s 90% correlation with global M2 suggests significant upside if liquidity expands as Pal expects. Pal’s price target of $450,000 per BTC hinges on central banks injecting liquidity by end of 2026. What Is Driving Pal’s
