Analyst: BTC and Gold Ready to Take Off as 'Macro Summer' Begins
The start of the "macro summer" rally could help the price of Bitcoin reach a new all-time high and continue strong until 2025, according to Raoul Pal.
Bitcoin and gold could be on track for a significant price breakout as macroeconomic conditions improve.
Beginning of âmacro summerâ could lead to Bitcoin price breakoutÂ
 in the short term, according to Raoul Pal, founder and CEO of Global Macro Investor, who wrote in a thread on X on July 29:
âThe macro summer is starting to take shape and should last at least the rest of 2024 and into 2025 [âŠ] Bitcoin is poised to soon break out of the large cup and handle formation and head into the Banana Zone.â
