Foresight News reports that Raoul Pal, former Goldman Sachs executive and founder of Real Vision, tweeted, “I believe the dominance of BTC has peaked today. Daily, weekly, and monthly DeMark top signals have emerged, and the top levels are below the 2021 high, which was itself lower than the 2017 high. If this judgment holds, it will mark the arrival of the next phase of the ‘Banana Zone’ (referring to the alt season market). Let’s wait and see.”
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Raoul Pal: Bitcoin's dominance has peaked, and alt season may be coming.
Foresight News reports that Raoul Pal, former Goldman Sachs executive and founder of Real Vision, tweeted, “I believe the dominance of BTC has peaked today. Daily, weekly, and monthly DeMark top signals have emerged, and the top levels are below the 2021 high, which was itself lower than the 2017 high. If this judgment holds, it will mark the arrival of the next phase of the ‘Banana Zone’ (referring to the alt season market). Let’s wait and see.”