Raoul Pal: Bitcoin’s Oversold Signal vs Nasdaq Points to Long-Term Crypto Outperformance

BitcoinWorld Raoul Pal: Bitcoin’s Oversold Signal vs Nasdaq Points to Long-Term Crypto Outperformance Raoul Pal, co-founder of Real Vision and a prominent macro investor, has highlighted that Bitcoin recently entered a deeply oversold zone relative to the Nasdaq, trading more than two standard deviations below its historical mean before staging a sharp rebound.

Pal, who has long been a vocal advocate for digital assets, noted that while it is still early to draw definitive conclusions, the long-term trajectory suggests cryptocurrencies could outperform the Nasdaq.

Understanding the Bitcoin/Nasdaq Relative Strength Indicator The relative strength indicator (RSI) comparing Bitcoin to the Nasdaq measures how Bitcoin performs against a basket of major technology stocks.

A move beyond two standard deviations below the mean is statistically rare and often signals that the asset is undervalued relative to its counterpart. Pal explained that such extremes have historically preceded strong rebounds, as seen in recent trading sessions.