Macro guru and former Goldman Sachs executive Raoul Pal on Wednesday suggested the possibility of a bubble cycle emerging in the cryptocurrency sector.
What Happened: According to Pal, there’s a “60% chance” we’re in a “regular cycle” akin to previous ones.
source: https://www.benzinga.com/markets/cryptocurrency/24/01/36488215/macro-guru-raoul-pal-foresees-20-probability-of-gigantic-bubble-cycle-as-bitcoin-drops-ove?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site