Real Vision Founder: Bitcoin is about to enter the 'banana zone'
Former Goldman Sachs executive and Real Vision founder Raoul Pal posted on the X platform that Bitcoin is about to break a huge cup-and-handle pattern and enter the "banana zone". Raoul Pal has previously stated that the "banana zone" represents a highly cyclical stage, when liquidity enters the market and central banks need to refinance all debts, they use candy to please people. At this time, cryptocurrencies usually skyrocket. This is a debt refinancing cycle driven by macroeconomic forces, affecting all asset prices, but cryptocurrencies perform particularly well.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: The Shanghai Composite Index Surpasses 3,800 Points, Reaching a New 10-Year High
Data: Over 32% of Bitcoin Is Mined by Publicly Listed Mining Companies
Trending news
MoreCrypto prices
More








