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Bitcoin set to outperform Nasdaq as rising rates push governments to print more liquidity, says Raoul Pal.

Market News
20 Sep 2026
Bitcoin
View Source
Bullish
Bitcoin set to outperform Nasdaq as rising rates push governments to print more liquidity, says Raoul Pal.

Raoul Pal, founder of Real Vision, predicts Bitcoin will outperform the Nasdaq 100 following recent interest rate hikes by the Federal Reserve and Bank of Japan. Despite expectations that higher rates would hurt Bitcoin, its price surged past $81,000, driven by fiscal dominance—the need for governments to print liquidity to refinance debt at higher rates. Pal highlights Bitcoin's sensitivity to global liquidity and notes a technical breakout against the Nasdaq, suggesting strong upside potential. He also points to growing opportunities in altcoins beyond Bitcoin's top 10, urging patience amid volatility.

Raoul Pal's view on Bitcoin outperforming the Nasdaq is notable as Bitcoin trades at Rp1.423.848.229 on Pluang as of Sep 20, 2026 15:41 WIB, showing a slight 0.87% decline in the last day. Despite this small dip, Bitcoin remains close to its peak supply with 96% of its 21 million coins circulating. The platform also reports a high sell activity at 70%, contrasting with the bullish outlook suggested by Pal's technical analysis.

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