Raoul Pal Predicts Bitcoin’s Correlation With ISM Index

Raoul Pal, co-founder and CEO of Real Vision, recently stated that Bitcoin’s price movement is now closely linked to the ISM index, anticipating significant impacts.

This connection suggests a potential peak in Bitcoin prices by 2026, aligning with macroeconomic cycles and affecting market dynamics for investors globally.

Bitcoin Market Projections Aligned with ISM Growth

Raoul Pal, co-founder of Real Vision, asserts a strong connection between Bitcoin and the ISM. He suggests that the Treasury’s decision to extend debt maturity from four to five years artificially lengthens Bitcoin’s market cycle. This effectively reshapes investment expectations into a five-year cycle, delaying projections originally due in 2025 to 2026.

Pal expects Bitcoin prices could surpass $300,000 should the ISM rise above 60, riding a wave of increased liquidity. This forecast synchronizes with a broader market understanding that Bitcoin trends reflect major macroeconomic cycles. Raoul Pal stated, “Bitcoin goes up as the ISM goes up… If it goes above 60, I mean, those are high prices in Bitcoin. That’s above $300,000, maybe even higher.”

Investor sentiment on social platforms shows keen interest in Pal’s theory. The notion of extending cycle expectations to 2026 has prompted significant discussions among traders, with an emphasis on ISM readings as critical triggers. Official statements from Pal emphasize Bitcoin’s leading position relative to ISM metrics.

Key Historical ISM Surges Boost Bitcoin Prices

Did you know? Historically, when the ISM Index surpassed 60, Bitcoin has experienced significant rallies, such as those in 2017 and 2020–21. Analysts predict a similar surge if current trends continue.

According to CoinMarketCap, Bitcoin’s price currently stands at $111,519.43, reflecting a 24-hour change of -1.41%. The market cap is $2.22 trillion with a dominance of 58.24%. Trading volume in the last 24 hours reached $52.34 billion, an increase of 8.60%. Bitcoin’s circulating supply is approximately 19,925,965 against a max limit of 21 million coins.

The Coincu research team highlights that Bitcoin’s alignment or deviation from macroeconomic indicators such as the ISM could influence its liquidity and price stability. This correlation underscores the necessity for market participants to monitor macro indicators and evolving fiscal policies closely.