The Biggest Altcoin Bull in History is Coming: Crypto CEO Calls for Banana Region! - Coin Bulletin

**Raoul Pal, reported that the crypto markets are in the "Banana Zone" and everything could rise in the coming period.

According to Raoul Pal, co-founder and CEO of Real Vision, the cryptocurrency market is currently in the 'Banana Zone' and moving towards a period of 'Banana Singularity' where 'everything is rising'.

Pal said in a statement on January 10th, "Yes, we are still in the Banana Zone," indicating that the first phase of this bull market was the explosion that occurred in November last year.

He then emphasized that the current consolidation period resembles the 2016/2017 cycle. However, he added that it will not last long.

Pal said that the next phase of Banana Zone is 'Banana Singularity,' where everything goes up, followed by a larger consolidation period.

Pal emphasized that the altcoin season generally begins when Bitcoin's dominance is low, but at the moment Bitcoin's dominance is high.

Expectation of 500 thousand dollars for Bitcoin

DeFi researcher 0xNobler shared a similar view with Pal and stated that Bitcoin is gaining momentum, predicting that Bitcoin will rise up to $500,000 and trigger the biggest altcoin season in history.

However, CoinMamba, a futures trader, noted that these sales were not so bad, and even said that the altcoin season could start with prices returning to levels just a week ago.

Raoul Pal stated that the third stage of the Banana Zone will be the 'concentration phase', where the fundamental winners will reach much higher peaks.

Everything will be fine. Maybe a little lower or maybe this much. In any case, it will be higher over time. Don't expect a complete repeat, but there may be a harmony. Valhalla is waiting.