Raoul Pal: We're in the Crypto Banana Zone, But The Fun is Yet To Come.
Suppressed volatility usually leads to massive upsides
Pal is a quintessential Brit and a legendary crypto investor who's shaped a considerable chunk of what I know.
I love how the ex-Goldman Sachs bond trader's style breaks down complex topics so anyone can understand.
Using a liquidity cycle framework, he’s been as precise as a surgeon with a scalpel in predicting what’s coming in crypto. He’s also got it horribly wrong at times.
He says he’s seen this “calendar effect” before—people trying to position themselves for January to kick off the year with a bang.
It’s starting to happen now.
Raul Pal:
"I went back to look at the same periods of the election years and basically the market goes bananas from now all the way until March 2025. Then somewhere between March and April, there is tax season, and everyone is gonna have to pay Uncle Sam and his majesty — they going to have to sell a bunch of stuff."