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The next crypto bull market is likely to kick off in Q2 2024, when the Bitcoin (BTC<\/a>) halving is set to take place, says macro investor and Real Vision CEO Raoul Pal.<\/p>\n He is convinced that despite the hype surrounding the halving, macro factors will play the leading role in sparking the next uptrend.\u00a0<\/p>\n According to Pal, the Bitcoin halving cycle coincides with the macro cycle, which means every halving so far has taken place in a similar macroeconomic environment: monetary expansion and low interest rates. <\/p>\n \u201cMacro is actually the dominant factor, and the halving is a false narrative, but it doesn\u2019t matter because it still works,\u201d Pal said in an interview with Cointelegraph. <\/p>\n Among the main catalysts favoring crypto next year are central banks cutting interest rates and potential fiscal stimulus that could precede the United States presidential election.\u00a0<\/p>\n Regarding price targets, Pal wants to avoid making predictions given that \u201cyou get beat over the head by people\u201d for not getting them right. <\/p>\n Still, looking at past performance, Bitcoin could double or triple its latest all-time highs, Pal believes.<\/p>\n To learn more about how to prepare for the next crypto bull market, check out the\u00a0full interview with Pal<\/a>, and don\u2019t forget to subscribe to Cointelegraph\u2019s\u00a0YouTube channel<\/a>! <\/p>\n