From Cointelegraph
June 21, 2025 2:16 am:

The current crypto market is following a pattern similar to 2017, according to Real Vision CEO Raoul Pal. Bitcoin started 2017 at $1,044 and ended at $14,156, a 1,255% increase. Pal predicts a longer crypto cycle due to weakening US dollar, suggesting it may extend into Q2 2026.

Pal believes macroeconomic data is pushing the crypto cycle further, possibly resembling 2020 more than 2021. Bitcoin started 2020 at $7,174, dropped to $5,227 in March, rebounded to $11,990 in August, and closed the year at $28,993, a 304% increase.

The Middle East is focused on AI and blockchain, according to Pal. Governments in the region are not only using Bitcoin as a reserve asset but also building entire government infrastructures on blockchain technology. The market needs to attract larger players for continued expansion.

Read more at Cointelegraph: Crypto Cycle ‘Spookily Similar’ to 2017