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If you’ve been in the crypto space for any length of time, you would be familiar with the ‘Banana Zone’.
It’s a term coined by macroeconomic expert, Raoul Pal. The ‘Banana Zone’ is the point in the crypto cycle in which global liquidity picks up, sending crypto prices parabolic.
In May, Raoul announced we were on the brink of the Banana Zone.
Yet over the past month, we have seen crypto prices get crushed, with Bitcoin falling below $60,000 at one point and alt-coins nuking.That begs the question:WHERE IS THE BANANA ZONE.
In Raoul’s latest livestream, he gave us some answers.
Raoul broke down 9 different charts that show why he has full conviction the banana zone is still coming and why it is coming in the next 3 months.
The first chart he shows, is his Overbought / Over Sold Indicator, which shows that the bull-run is only just warming up.
About Raoul Pal:
Raoul Pal is the co-founder and CEO of Real Vision, the world's preeminent financial media platform, which helps members understand the complex world of finance, business, and the global economy.
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