Raoul Pal’s Crypto Price Prediction 2024: How to Capitalize on the Upcoming Crypto Market Surge (2024)

In a recent video update raoul pal raoul pal Raoul Pal is the co-founder and CEO of Real Vision. Real Vision was founded in 2014 and is a video platform that seeks to focus on its surrounding atmosphere and finance. Before that, he worked with Goldman Sachs and GLG Partners. He also founded a research publication called Global Macro Inventor in 2005. Which also requires payment for access on a membership basis.In the early 20's he recognized that the crypto space began with a single blockchain-based asset. He saw the sector turning into a giant web of companies with massive amounts of capital flowing into the industry, which naturally has provided more conversational points of intersection with mainstream finance- as crypto continues on its upward path, gaining overall market cap and public attention.He acts as a bridge between crypto and traditional finance for mainstream people, helping them understand crypto and its potential impacts on the world- which could further crypto industry adoption. EntrepreneurEconomistMarket Analyst the founder and CEO of Real Vision, has identified a recurring phase in the cryptocurrency market known as the “boring zone.” Pal highlighted the market phases, referring to the current “boring zone” as nearly complete and anticipating the transition to the “banana zone,” where significant market activity is expected.

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Understanding the “Boring Zone”

Pal explains that the “boring zone” is a typical part of every bull market, marked by notable price drops—27% in 2012, 38% in 2016, and 20% in 2020. In 2024, the market is currently down 27%, fitting the pattern seen in previous cycles. Although this phase can be frustrating, Pal sees it as a final opportunity to buy assets before the market shifts into the banana zone.

Despite recent declines in Bitcoin and other cryptocurrencies, Pal remains hopeful. He believes that central banks, including the US Federal Reserve, will likely cut interest rates and end quantitative tightening. Additionally, he views Japan’s revaluation of the Yen as part of a broader plan by central banks to boost liquidity and drive global growth.

Here’s How to Handle the Market Dip

Pal views the current market dip, including drops in Ethereum and Dogecoin, as a “macro spasm” setting the stage for the banana zone. He advises investors to stay calm and consider using any extra funds now, suggesting that those who can “scrape their bank accounts” might see significant rewards when the banana zone begins.

Investment Strategy: Hold and Get Ready

Pal’s investment advice during this period is clear: hold on to your assets and prepare for the banana zone. He suggests focusing on long-term gains rather than short-term trading. By buying during the boring zone, investors can position themselves to benefit from the large gains that often follow.

Should You Take the Risk?

Although there is always some risk, Pal believes the outlook is positive. He supports this view with the current macroeconomic trends and expected increases in global liquidity.

To sum up, Pal’s message is that the boring zone is your last chance to get ready for the expected growth in the banana zone. He encourages investors to hold onto their assets and even increase their positions, as the biggest gains are likely still ahead.

Read Also : Peter Schiff Warns Investors to Sell Bitcoin Amidst Price Surge $62K

Does Pal’s advice sound good to you?

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