FAMOUS MILLIONAIRE RAOUL PAL: "EXPECTED ALTCOIN RALLY IS ON THE WAY"
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Raoul Pal, co-founder and CEO of Real Vision, made important evaluations about the Bitcoin and altcoin markets. Pal stated that we are entering a period he called the 'Banana Zone', where significant price increases are happening in the market. Describing this period in three stages, Pal said that the first stage occurred in November last year and that we are currently in a consolidation process similar to the 2016/2017 cycle.
Pal predicts that the consolidation will not last long and the second stage, altcoin season, will soon begin. Pal indicates that many altcoins will gain value at this stage, followed by a larger consolidation process in the third stage.
Raoul Pal is a well-known figure in the financial world, who started his career at Goldman Sachs and continued at GLG Partners before retiring at the age of 36 to establish Global Macro Investor. Later on, in 2014, he founded Real Vision, making significant contributions in the field of financial education and information sharing.
As a result, according to Pal's analysis, the cryptocurrency markets may experience a significant altcoin rally in the near future. It is recommended that investors closely monitor the markets during this process and adjust their strategies accordingly.
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