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Raoul Pal Says Altcoin Season Is Coming—Bitcoin Dominance Drops

  • Bitcoin price surpasses $100,000, sparking discussions about a potential altcoin rally versus Bitcoin dominance.
  • Raoul Pal introduces the concept of the “Banana Zone” for altcoins, signaling a shift from Bitcoin dominance.
  • BTC surges to $103,322 while BTC dominance drops to 63.69%, indicating a possible altcoin rally according to Pal.
  • The Altcoin Season Index is at 41, suggesting growing interest in altcoins but not a full-blown altcoin season yet.

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