According to former Goldman Sachs executive and macro investor Raoul Pal, the answer depends less on sentiment and more on liquidity. Raoul Pal says signals are beginning to align in a way that historically precedes explosive upside moves. Is Bitcoin About to Reprice To $140,000 Far Sooner Than The Market Expects? Raoul Pal argues that Bitcoin is currently trading at a “deep discount” to global liquidity conditions. In previous cycles, similar gaps between liquidity expansion and price have not been resolved gradually