Raoul Pal: Bitcoin Dominance Has Peaked, Altcoin Season May Be Approaching
Former Goldman Sachs executive and Real Vision founder Raoul Pal tweeted, "I believe BTC's dominance has peaked today. Daily, weekly, and monthly DeMark top signals have appeared, and the top level is below the 2021 high, which in turn was below the 2017 high. If this judgment holds true, it will mark the arrival of the next phase of the 'Banana Zone' (referring to the altcoin season). Let's wait and see."
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
Homebuilder Confidence Reaches 12-Month Low Amid Elevated Mortgage Rates, Material Costs
Optimi Health to Start Phase 3 MDMA Trial Targeting PTSD in Frontline Workers
Novartis Halts ALS Drug Development After Phase 2 Trial Miss
Market Chatter: American Airlines May Reduce Q4 Capacity as Fuel Costs Rise
Crypto prices
More
