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Raoul Pal: Expect the ‘path of most pain’ around December

Pal says that the upcoming release of ETH 2.0 and and ETH ETF will extend the crypto market cycle.
Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, believes that the social media pundits are wrong and the crypto market cycle won’t end this year. But things might get a bit hairy on the way. In a Real Vision interview on Nov. 3rd Pal predicted that the current bull run won’t end in December as it did spectacularly in 2015 and 2017, and will instead extend to some time between March and June. According to Pal, Bitcoin, Ethereum and altcoin markets are likely to “take the path of most pain”, potentially crashing twice over the next six months. “My guess is that we probably have a sell-off, and then it rips again because that is the path of most pain and markets tend to take the path of most pain.”Cointelegraph reported on Nov. 4th that on-chain data source Econometrics data suggests that

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