According to Raoul Pal, the CEO of Real Vision, it is standard for Bitcoin’s price to stall for some time before embarking on significant rallies. In a recent interview on the Altcoin Daily YouTube channel, Pal noted that Bitcoin’s exponential rallies occur when the altcoin season comes. The well-known crypto personality highlighted there are early […]
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- Raoul Pal believes it is standard for Bitcoin’s price to stall before embarking on significant rallies.
- According to Pal, Bitcoin’s exponential rallies occur when the altcoin season comes.
- The analyst spotted early signs of the altcoin season in the current market dynamics.
According to Raoul Pal, the CEO of Real Vision, it is standard for Bitcoin’s price to stall for some time before embarking on significant rallies. In a recent interview on the Altcoin Daily YouTube channel, Pal noted that Bitcoin’s exponential rallies occur when the altcoin season comes.
The well-known crypto personality highlighted there are early signs of the altcoin season in the current market dynamics. Pal noted that memecoins dominated the crypto market in a protracted trend that could drag longer.
Pal spotted an ongoing trend that is repetitive of what happened in 2020 when most people wrote off Ethereum. He noted that despite a slow start, Ethereum picked up and paced quickly, leading other altcoins into a well-recognized altcoin season. He thinks the situation is similar to the current altcoin market.
Spe…
The post BTC In Standard Stalling Period Ahead of Wild Rallies – Analyst appeared first on Coin Edition.
