Bitcoin (BTCUSD)

[ap17]

THE BANANA ZONE, IS IT HERE? 🍌
We are about to witness the largest wealth accumulation event in history.

That’s the message macroeconomic expert, Raoul Pal, is trying to drive home.

Raoul
In his latest update to investors, Raoul explained that the banana zone is just about to begin.

For those of you who have no idea what we mean by “the banana zone” here’s a quick definition:

The Banana zone refers to the period of intense upward price action typical of crypto bull markets - coined by Raoul Pal

Kicking things off, Raoul had this to say:

“This is probably the last chance you are going to get to buy these big layer 1’s before we hit the banana zone. This is now the start of the banana. And it should continue all into next year.”


Raoul Pal
And he’s even got some charts to back this claim up.

Let’s break them down.

Altcoin season is coming

The chart below shows the Altcoin market cap excluding Ethereum (in black) from March 2020 - January 2022.

And the red line is the current cycle.

Notice how this cycle is almost a perfect mirror of last cycle?

That’s why Raoul is predicting a 10x in the altcoin market cap, meaning altcoin season is just around the corner.

“Look what lies ahead… The banana zone. The banana zone is when all sorts of crazy stuff starts happening. It’s suggesting here that we could see a 10x of altcoins excluding Ethereum. That’s a lot. That’s a huge move.”


Raoul Pal
altcoin chart
Altcoin market cap current cycle vs 2020 - 2022

Cycle phases

According to Raoul, each crypto cycle has distinct phases.

The Bitcoin Halving, The Boring Zone and The Banana Zone.

In the chart below, Raoul has overlayed the current cycle (red) on the the 2016-17 cycle (black).

That’s because Raoul believes this cycle is playing out more similar to 2016-17 than 2021.

“We did the Bitcoin halving zone. The boring zone is completing now. And next we go into the full banana zone. That’s the 2016 Bitcoin halving cycle, it’s the most similar to me right now. I think it more likely plays out like the 16-17 cycle than it does the 2021 cycle.”


Raoul Pal
cycle phases
Current cycle vs 2016-2017

Your reward

If you do manage to hold on throughout the bull market, this is your reward:

This is the Banana zone. 🍌

Raoul explains:

“These are the bananas, that curve on the chart is the reward you are going to get for holding on for your dear f*cking life… Just let it all play out. Patience is a virtue.”


Raoul Pal
The bananas
Price action of previous Bitcoin cycles

Raoul closes out the video with the following:

“I honestly think this space going from $2.5 trillion to $100 trillion by 2032 is going to be the biggest largest wealth accumulation in history.”


Raoul Pal
The banana zone is coming…

The real fun is about to begin. 🍌