Bitcoin (BTC) and crypto are gearing up for a perfect storm, according to macro guru Raoul Pal — here’s why

Macro guru and former Goldman Sachs manager Raoul Pal says the stage is being set for the next wave of crypto adoption.

In a new interview, the Real Vision CEO reveals three massive catalysts he believes will accelerate the growth of Bitcoin and the rest of the crypto markets.

“For sovereign countries, especially sovereign wealth funds, they will be looking for a long-dated asset that gives them some certainty for it to have a place, so we’ll see another introduction for sovereign countries, not necessarily as a currency but as an asset. I find that very interesting. I think that’s Bitcoin’s place in the world as a kind of pristine collateral reserve asset.

We have the sparks in place. Next thing we need is for the inflation story to die, that would be a real fire accelerator and growth slows down and central banks print more money because it’s doing very well. It promotes acceptance. It’s not just driving up the price like stocks and gold and real estate do. It encourages acceptance, which is why, in times of financial generosity, it always massively outperforms everything else. You are bracing for a perfect storm here.”

Pal says the current macro environment tells him the chances of another sell-off are slim. He also says that most market participants will likely be better off with a longer-term strategy than with active trading.

“I think it even cemented the macro backdrop even more. With such a powerful power, don’t be too sweet with the asset. Basically, you should only buy it and hold it and buy it when it sells significant amounts because you know the risk/reward ratio is so ridiculously upside.”

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