{"id":18480,"date":"2025-03-21T14:31:37","date_gmt":"2025-03-21T14:31:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18480"},"modified":"2025-03-21T14:31:37","modified_gmt":"2025-03-21T14:31:37","slug":"bitcoin-has-turned-a-corner-raoul-pal-says-does-data-back-him-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18480","title":{"rendered":"Bitcoin &#8216;Has Turned A Corner,&#8217; Raoul Pal Says: Does Data Back Him Up?"},"content":{"rendered":"<div>\n<p>Macro guru <strong>Raoul Pal<\/strong> dismissed concerns about <strong>Bitcoin&#8217;s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) recent weakness, calling it a normal consolidation phase before a <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">significant move higher<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> In a <a href=\"https:\/\/www.youtube.com\/watch?v=zCJXr_1dxAU\">podcast<\/a> on Thursday, Pal described the current consolidation as a normal part of the &#8220;banana zone&#8221; pattern that precedes significant upward moves in the cryptocurrency market.<\/p>\n<p>He compared Bitcoin&#8217;s current price action to 2017, noting that a post-election dollar rally is temporarily tightening financial conditions, leading to weaker economic data but not a full recession. <\/p>\n<p>\u201cThe dollar started rallying, which slows &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44436995\/bitcoin-has-turned-a-corner-raoul-pal-says-does-data-back-him-up\" alt=\"Bitcoin\" turned a corner raoul pal says: does data back him up>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Macro guru Raoul Pal dismissed concerns about Bitcoin&#8217;s (CRYPTO: BTC) recent weakness, calling it a normal consolidation phase before a significant move higher. What Happened: In a podcast on Thursday, Pal described the current consolidation as a normal part of the &#8220;banana zone&#8221; pattern that precedes significant upward moves in the cryptocurrency market. He compared [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18480","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18480"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18480\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}