{"id":599478,"date":"2024-03-25T09:15:13","date_gmt":"2024-03-25T09:15:13","guid":{"rendered":"https:\/\/wncen.com\/?p=599478"},"modified":"2024-03-25T08:42:03","modified_gmt":"2024-03-25T08:42:03","slug":"what-is-macro-crypto-summer-dont-miss-out-says-expert","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/what-is-macro-crypto-summer-dont-miss-out-says-expert\/","title":{"rendered":"What is Macro\/Crypto Summer? Don’t Miss Out, Says Expert"},"content":{"rendered":"

In a thread<\/a> on X (formerly Twitter), Raoul Pal, a renowned trading guru and the founder\/CEO of Global Macro Investor and Real Vision, has illuminated the crypto community about the advent of what he terms as the “Macro\/Crypto Summer.” This period, according to Pal, is not just a fleeting season but a significant phase in the financial and cryptocurrency markets, deeply rooted in the cyclical nature of the global economy.<\/p>\n

Why The Macro\/Crypto Summer Matters<\/h2>\n

Pal elaborates on the concept of the “Macro Summer,” explaining it as a pivotal phase in “The Everything Code” cycle, closely following the Financial Conditions Index, which historically precedes the cycle by approximately ten months. The ISM (Institute for Supply Management) index, a key indicator of economic health, often bottoms out during this period, marking the start of GDP growth.<\/p>\n

Related Reading: Buy High, Sell Low: FOMO Made This Crypto Trader Lose 6,039 SOL<\/a><\/div>\n

Pal’s thesis draws attention to the “near-perfect 3 1\/2 year cyclicality<\/a>” in the ISM business cycle, propelled by liquidity dynamics and the debt refinancing cycle at its core. He\u00a0underscores the significance of liquidity: “And that is driven by liquidity, which bottomed at the end of 2022… macro summer and fall are all about liquidity rising and is a core part of The Everything Code thesis.”<\/p>\n

\"Macro
Marco\/crypto summer: GMI total liquidity index | Source: X @RaoulGMI<\/figcaption><\/figure>\n

This influx of liquidity<\/a> is crucial for tech stocks, which historically thrive during these phases. Yet, it’s Bitcoin and, more broadly, the cryptocurrency market that exhibit the most dramatic responses. Pal presents staggering growth figures from past Macro Summer and Fall seasons to underscore his point:<\/p>\n