Raoul Pal says Bitcoin is still undervalued

Real Vision founder Raoul Pal said in a podcast appearance that Bitcoin (BTC) is still in a long-term price discovery process and is currently undervalued. He argued that BTC and the broader cryptocurrency market remain in a long-term uptrend and could hold more value than tech stocks from an asset allocation perspective. Pal noted that the entry of traditional financial institutions into the crypto market is accelerating. He added that as the regulatory framework for cryptocurrencies becomes more established, the expansion of blockchain-based services and institutional capital inflows will gain full momentum. These trends, he suggested, could serve as long-term growth drivers for the Bitcoin and crypto markets.