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Real Vision co-founder: Bitcoin's market share may have peaked, and it may be time to pursue higher risk returns.
Odaily News Real Vision co-founder and CEO Raoul Pal stated that Bitcoin market dominance (BTC Dominance) may have peaked today. The reason is that the DeMark indicators at the daily chart, weekly chart, and monthly chart levels have all shown topping signals, and this peak is significantly lower than the peak of the 2021 cycle, which in turn was lower than the peak of the 2017 cycle. Pal added that if this judgment holds, it will be a significant signal for the market to enter the next phase of the so-called Banana Zone (a stage of high risk and high return).