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
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
Trending news
MoreCrypto prices
More
