Raoul Pal, a prominent macro investor, predicts a parabolic surge in Bitcoin as traditional four-year market cycles appear to be breaking. Despite a recent dip, Pal views this as a temporary setback, with Bitcoin currently trading within a descending channel. Key resistance levels are identified around $94,000 to $95,000, while support is noted between $82,000 and $79,000. Market analysis indicates weak activity from large holders, or 'whales', but an increase in retail buying. Pal suggests that a liquidity sweep in the lower support zone could trigger a significant rally, potentially leading to a sharp upward movement in Bitcoin's price.