The Main Driver Behind BTC's Break From Global M2, According to Raoul Pal
The Main Driver Behind BTC's Break From Global M2, According to Rao…
5 months ago
coindesk.com
42 reactions · 17 comments | Join us for this exclusive webinar of Conversation With Leaders with Raoul Pal, Co-Founder of Real Vision, as we discuss everything you need to know about the Bitcoin ETF. ▶️https://etoro.tw/3tDMvy4 | eToro | Facebook
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biographyhost.com
THE BUSINESS CYCLE IS DRIVING BITCOIN -- NOT THE 4-YEAR CYCLE. Raoul Pal said that $BTC isn’t “lagging”… it’s literally tracking the ISM, the global business cycle. Rates stayed too high for too long, main street got crushed, and that extended the entire cycle. In 2021-2022 the U.S. quietly pushed the average debt maturity from 4 to 5 years, that stretched this cycle too. So what looks like “#Bitcoin being slow” is actually the macro clock running one year longer than usual. If this 5-year cycle
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