Raoul Pal, a prominent macroeconomist, has projected that Bitcoin could soar to $250,000, driven by increasing global liquidity. Speaking at the Global Investment Conference in Dubai, Pal emphasized that the current pessimistic sentiment is setting the stage for a significant growth phase in the cryptocurrency market. Pal also suggested that altcoins might experience substantial gains as liquidity cycles expand. He advised investors to concentrate on long-term liquidity trends rather than short-term market fears, indicating a bullish outlook for the broader crypto market.