Raoul Pal Predicts Crypto Bull Run Extending to Q2 2026
Real Vision CEO Raoul Pal forecasts the current crypto bull cycle will mirror 2017’s pattern and extend through Q2 2026. He cites macroeconomic indicators—easing inflation, central bank rate cuts, and fiscal stimulus—and a 9% decline in the US Dollar Index as key drivers. Pal’s proprietary business cycle score remains below 50, signaling an early-stage economic rebound that historically aligns with rising crypto valuations.
Pal also highlights growing institutional adoption in the Middle East, where sovereign wealth funds are integrating AI and blockchain. He advises traders to track Bitcoin price action, macro data releases, and regional blockchain initiatives. These factors could sustain momentum and signal continuation of the crypto bull cycle.
By monitoring these macro drivers and institutional flows, traders can better anticipate market stability and potential bullish triggers into mid-2026.
Bullish
Pal’s forecast relies on multiple supportive factors: easing inflation, rate cuts and fiscal stimulus boost risk asset appeal, while a 9% drop in the US Dollar Index enhances Bitcoin’s inflation-hedge status. His business cycle score under 50 suggests early-stage recovery, historically linked to rising crypto valuations. Growing institutional adoption in the Middle East adds another bullish catalyst. In the short term, traders may see sustained momentum as macro data and Bitcoin price action confirm these drivers. In the long term, delayed rate adjustments and continued dollar weakness could prolong the rally, creating favorable conditions for extended gains through Q2 2026.