According to BlockBeats, on July 29, Raoul Pal, former Goldman Sachs executive and founder of Real Vision, said that Bitcoin is about to break through the huge cup-handle pattern and enter the banana range.
Raoul Pal explained that the banana range is a concept often talked about by Arthur Hayes, which refers to the stage when cryptocurrencies usually rise vertically when liquidity enters the market.
He recommends maintaining a core portfolio with the majority of assets allocated in major cryptocurrencies and 10-20% invested in high-risk, high-return assets.
