Crypto Market ‘Banana Zone’ Is Just Around the Corner, Says Analyst Michaël van de Poppe – Here’s Why
A widely followed analyst says that the crypto markets may be on the verge of an explosive breakout due to one key factor.
In a new thread, crypto trader Michaël van de Poppe tells his 783,200 followers on the social media platform X that the cutting of interest rates by central banks to prop up the economy may cause a “banana zone” based on the historical relationship between digital assets and liquidity levels.
The banana zone is a term used by crypto analysts to describe a period of rapid and explosive price growth for digital assets.
“ECB (European Central Bank) doing a rate cut. Trump attacking [Fed Reserve chair] J. Powell. It’s around the corner, the Banana Zone.”