What Is Bitcoin ‘Banana Zone’?

Krutika Adani

Definition

A banana zone is where the price witnesses a significant upward rally due to strong macroeconomic forces.

Coined by Raoul Pal

The term was originally coined by legendary crypto investor Raoul Pal, among the few suspected to be Satoshi Nakamoto.

Significant Upward Price Movement

Bitcoin is expected to witness a massive rally inside the banana zone, which could take it above $100k in the medium term.

Similar to Rekt Capital’s Parabolic Rally

The banana zone concept validates Rekt Capital’s macro diagonal theory, which also predicted a post-halving parabolic rally within 2024.

Upcoming Banana Zone for Bitcoin

Raoul Pal expects a Banana Zone for Bitcoin and Solana in late 2024 and early 2025.