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Raoul Pal: Crypto Cycle Mirrors 2017, May Peak in 2026
- Raoul Pal sees parallels between the current crypto market structure and 2017, anticipating a peak in 2026.
- The market resembles 2017 but is advancing at a slower pace due to macroeconomic challenges.
- Pal's Business Cycle Score indicates a market recovery phase, not full economic acceleration.
- Bitcoin's growth trajectory in 2017 serves as a historical reference for long-term gains in this cycle.
- Economic factors like a falling U.S. dollar suggest the peak could extend into Q2 2026.
- The declining U.S. Dollar Index enhances Bitcoin's appeal as a hedge against weakening fiat currencies.
- Macro delays, interest rate adjustments, and dollar stagnation have shifted the crypto cycle timeline.
- Institutional interest in crypto, AI, and blockchain is growing, particularly in the Middle East.
- Sovereign wealth funds in Saudi Arabia, Abu Dhabi, and other regions express strong interest in blockchain.
- Governments are encouraged to explore beyond Bitcoin's store of value and invest in blockchain infrastructure.
- Raoul Pal warns of a prolonged cycle with slower institutional adoption and macroeconomic hurdles.
- The peak of the current cycle may be delayed to 2026, suggesting an extended period of accumulation and growth.
- Raoul Pal remains bullish on the market outlook but advises caution due to the prolonged cycle expectations.
- The article discusses Raoul Pal's insights on the crypto market dynamics and potential peak timing in 2026.
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