$BTC

Raoul Pal expects that Bitcoin dominance may have peaked

AI Summary

According to Forkast News, Raoul Pal, former CEO of Goldman Sachs and founder of Real Vision, recently tweeted his belief that Bitcoin dominance may have peaked today. Pal pointed to daily, weekly, and monthly DeMark topping signals, with the current peak level being lower than the peaks of 2021, which in turn were lower than the peaks of 2017. If this assessment proves accurate, it could indicate the beginning of the next phase of the 'banana zone', referring to altcoin season. Pal encouraged observers to closely follow developments.