Attention in the Crypto Money Market again altcoin‘s. Especially Real Vision CEO Raoul Pal, claiming that the largest Altcoin season in history will begin within two weeks, led to an increase in expectations on this side. Bitcoin $96,344.93Although the wavy price movements of the (BTC) are worried about investors, Pal said that this was a natural process before the big rally. Stating that a major change in the crypto currency market in the coming weeks in the coming weeks, Pal invited especially Altcoin investors to be careful.
Consolidation in Bitcoin, expectation of new opportunities in Altcoins
Bitcoinrecently disappointed investors because it has not exceeded the level of 100 thousand dollars. Last month, the largest crypto currency rising up to 109 thousand dollars with the correction of $ 94 thousand 200 dollars withdrawal with retreated level. Analysts warn that consolidation can continue at this level.
According to Pal, Bitcoin’s movements are directly linked to the Fed’s monetary policies. In January Inflation (CPI) data weakened interest rate reduction expectations, while the FED President Jerome Powell pointed out that they would not behave in a hasty reduction in interest rates due to strong economic indicators. However, Pal, the real determinant element is global liquidity. When the increase in liquidity begins, not only Bitcoin, Altcoin marketIt also expects a big rise.
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Defending that economic indicators have changed in favor of the Altcoin market, Pal considers the exceeding 50 level of the ISM Index as an important sign. Stating that this level means the transition to the period of expansion in the economy, Pal pointed out that Bitcoin has increased rapidly in these periods. According to him, this cycle may last until the end of the year or even 2026, and Altcoins can perform better than Bitcoin in this process.
Paraboolic rise of ‘Banana Zone’ region and Altcoins
Pal calls this new stage of crypto money markets as “Banana Zone .. Stating that he expects a rapid and great rise in Altcoins during this period, Pal invited investors to be patient. He added that the Altcoins will rise paraboolic as the liquidity began to flow into the markets. However, he stressed that this process will not take place immediately and that it may be necessary to wait a few more weeks.
On the other hand, the leading crypto currency analyst analyst Miles deutscherAltcoins have not yet entered the rise period, he said. According to him, the market is not at a time when Bitcoin stands out, but early to say that the Altcoin season has literally started. Deutscher added that Bitcoin would prefer to turn to Altcoins if his dominance on the market increases further.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
