Crypto Isn’t Broken, It’s A US Liquidity Squeeze, Says Raoul Pal

Raoul Pal is pushing back on the idea that crypto’

Crypto Isn’t Broken, It’s A US Liquidity Squeeze, Says Raoul Pal

Crypto Isn’t Broken, It’s A US Liquidity Squeeze, Says Raoul Pal

Raoul Pal is pushing back on the idea that crypto’s current drawdown signals a broken market cycle, arguing instead that bitcoin and high-beta risk are being hit by a temporary US liquidity air pocket tied to Treasury cash management and government shutdown dynamics.

BTC vs SaaS | Source: X @RaoulGMI
US liquidity | Source: X @RaoulGMI
Bitcoin trades at key support, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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