Real Vision Founder: BTC is about to break through a huge cup and handle formation

BlockBeats news, on July 29th, Raoul Pal, former Goldman Sachs executive and founder of macro research firm Real Vision, tweeted that 'BTC is about to break through a huge cup and handle pattern and enter the banana zone.' Raoul Pal previously mentioned that the 'banana zone' is a concept frequently discussed by Arthur Hayes. It is a highly cyclical phase where liquidity enters the market and the central bank needs to refinance all debts, using candy to appease the people. During this time, cryptocurrencies usually experience a vertical pump. This is a debt refinancing cycle driven by macroeconomic forces that affects the prices of all assets, but cryptocurrencies stand out in particular. So the simplest way is not to mess it up. Maintain a core investment portfolio with the majority of assets allocated to major cryptocurrencies. If you can make the right moves with other assets, you can make a lot of money in that 10-20% investment portfolio, which carries higher risks but also higher rewards.