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Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst

Crypto headed for ‘Banana Singularity’ where everything goes up: Analyst

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Source: Coin Telegraph

Real Vision CEO Raoul Pal says the next phase will be an altcoin season “when everything goes up,” followed by a bigger consolidation.

Crypto markets are in the “Banana Zone” and heading into a “Banana Singularity,” or a period “when everything goes up,” according to Real Vision co-founder and CEO Raoul Pal.

The “Banana Zone” is a term coined by Pal to describe a period of significant upward price movement.

“Yes, we are still in the Banana Zone,” macro investor Raoul Pal said on X on Jan. 10, before adding that the first phase of this bull market was the breakout in November last year. 

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Author: Martin Young