On the air of The Wolf Of All Streets podcast with Scott Melker, Raoul Pal drew attention to the fact that historically the "banana zone" for the cryptocurrency market in autumn is much more pronounced than in other periods of the year.
The businessman believes that despite the stagnation of the market and the fall in the value of bitcoin, the upcoming US presidential elections will become a powerful catalyst for the volatility of virtual assets and provoke a rally.
"The final quarter of the election year is a real "banana zone" for bitcoin and all assets. This is always the case, expect a rally. There is an extremely high probability that everything will completely change by autumn, and the market situation will be great," Pal said.
He added that it is necessary to keep an eye on Solana, since an uptrend of this asset may begin in the fall. Pal also urged to closely monitor the situation on the stock exchanges in early autumn and be patient.
Earlier, Raul Pal suggested that 1.1 billion people will own cryptocurrencies by the end of 2025, and at the beginning of the new decade this number will grow to four billion users.