Renowned investor Raoul Pal has issued a bullish statement on Bitcoin, referencing his concept of the "banana zone" to suggest that the cryptocurrency is likely to experience a significant uptick in price over the long term. Pal remains optimistic about the continued growth of Bitcoin, despite warning of sharp corrections along the way. He encourages investors to stay the course and suggests that the market could see increased activity in the next few days. Currently, Bitcoin is trading at $98,546, representing a 3.34% increase in the last 24 hours.



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