Speaking on The Wolf Of All Streets podcast with Scott Melker, Raoul Pal pointed out that, historically, the banana zone for the cryptocurrency market in the fall is much more pronounced than at other times of the year.
The businessman believes that despite the stagnation of the market and the fall in the value of Bitcoin, the upcoming presidential elections in the United States will become a powerful catalyst for the volatility of virtual assets and will trigger a rally.
“The final quarter of the election year is a real banana zone for Bitcoin and all assets. It’s always like this, expect a rally. There is an extremely high probability that by the fall everything will completely change and the market situation will be excellent,” Pal said.
He added that we need to keep an eye on Solana, since this asset may begin an upward trend in the fall. Pal also urged to closely monitor the situation on the stock exchanges in early autumn and be patient.
Previously, Raoul Pal suggested that by the end of 2025, 1.1 billion people would own cryptocurrencies, and at the beginning of the new decade this number would grow to four billion users.
Source: Bits
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