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🧠 My FREE Daily 5-Min Crypto Newsletter: https://www.cryptonutshell.com/subscribe 🔒 Cold Storage Wallet: https://ledger.pxf.io/aOZEeQ 💰 Get Up To $200 With Coinbase: https://coinbase-consumer.sjv.io/R59WLg Raoul Pal just revealed the math behind Bitcoin's current price action. And according to his models, we're looking at a 35% discount to fair value. His thesis: Bitcoin isn't struggling. It's temporarily dislocated from the liquidity conditions that have predicted its price with 90% accuracy since 2012. The number his models are showing? $140,000. Not by year end. Right now. In this video, we break down Raoul Pal's liquidity framework, his theory on what caused the October crash to have such lasting effects, and why gold's breakout is actually one of the most bullish signals for Bitcoin you could ask for. You'll learn: Why Bitcoin at $66,000 represents a historic gap to its liquidity-implied fair value of $140,000 The specific Q1 catalysts stacking up: ESLR bank regulation changes, TGA drawdown, rate cut expectations, and dollar weakness Raoul's theory on how exchanges may have absorbed billions in inventory during the October crash and why they've been slowly liquidating ever since Why the persistent 10am sell pattern exists and why it's finally fading The "Everything Code Dominoes" framework that explains how gold leads Bitcoin by 9 months Why gold's current breakout isn't competition for Bitcoin but rather a leading indicator of what's coming How the 2020 playbook is repeating: gold moved first, then Bitcoin did 10x Why sentiment is at bear market levels despite prices being near all-time highs Raoul's bold call that the gap closes by end of February Raoul frames this as a mechanical problem, not a fundamental one. The liquidity conditions are improving rapidly. The ESLR changes free up bank capital. The Treasury is about to drain its bloated general account. China is pumping liquidity. The dollar is weakening. Every major indicator points to expansion. The October crash created an anomaly. His theory suggests exchanges had to step in as buyers of last resort during the liquidation cascade, leaving them holding billions in inventory they never wanted. That inventory has been worked out slowly through algorithmic selling, explaining the persistent weakness that's frustrated holders for months. But that process is ending. The pattern is fading. And when it clears, there's nothing holding Bitcoin back from catching up to where liquidity says it should be. Gold confirms the thesis. It leads Bitcoin by roughly 9 months on the financial conditions curve. When gold breaks out like this, it's telegraphing that liquidity expansion is accelerating. The cycle extends into September of next year. We're not late. We're early. The best opportunities come when fundamentals are improving but price hasn't caught up. When there's a gap between reality and perception. That gap is $50,000 wide right now. Raoul's framework suggests patience pays. The math hasn't changed. The liquidity is coming. The only question is whether you're positioned when the dislocation corrects. Raoul Pal: My NEW 2026 Crypto Bull Run Prediction [Prepare Now] #Bitcoin #Crypto #Investing ----------------------------------------------------------------------------------------------------------------------- SOCIALS Email: jamin@cryptonutshell.com ----------------------------------------------------------------------------------------------------------------------- Why You Need To Own At Least 0.1 Bitcoin [2024] Raoul Pal: Don't SELL Before These EXACT Dates (2026 Bitcoin & Ethereum Prediction) Raoul Pal: Important Warning To All Small Bitcoin & Crypto Investors (2026 Prediction)