Raoul Pal on X: “The Space X launch appears to be headed for the Banana Zone. 🍌🚀 Probably got $DOGE on board… https://t.co/og0q5IWa4R” / X

Today is February 8, 2025. I first wrote about this date on January 29 and how price needed to move past 2/8/25 before TIME would allow the next big move. And I posted some charts on X.

Well, last night after work I spent some time scrolling through X. And watched a crypto update video this morning. Wow, did it feel bearish.

Altcoins have been hammered (even though I wrote how they are going to take-off sometime after 2/8). Everyone appears to have given up on an Alt Season. Bitcoin keeps trading in a range. Every time it hits $100k or slightly above, it sells off back down to the mid to low 90’s.

I see people posting bearishness. “If we don’t trade above “this level,” or we fall below “this level” we’re heading down to $85k or $77k, or even lower. Others are posting how we’re just going to chop for months. I sense they are having PTSD from the chop from last March to October.

On top of all this, less than a full month into Trump’s Presidency and there hasn’t been an official announcement declaring a Strategic Bitcoin Reserve (SBR). And his executive order mentioned “an evaluation of a potential digital asset reserve.” People are declaring President Trump let them down and the SBR was priced in. Now that we didn’t get it, the bull market is over.

Look at the Crypto Fear and Greed Index from Coin Market Cap:

It’s sitting at 35, in Fear territory. Everyone is scared the top is in and the cycle is over.

I find this all extremely comical and sit here today, confident and extremely bullish.

Why?

Because I saw this all coming. And if you’ve been following me, you did too because I told you.

So in this article we’re going to take you through charts that show exactly why conditions are ripe for the Banana Zone! And for me the Banana Zone is alt season within the overall Bitcoin Rocket Zone. I believe Altcoins are about to soar into the April-June timeframe with a Bitcoin grind higher. And then Bitcoin completes its Rocket Zone with a rip your face off rally late in 2025.

But before we get into that. Let’s take a step back and review. Because I want you to see what I’ve been saying along with what has happened.

Q4 2023

Around October and November of 2023 things finally came together for me. I’ve been in Bitcoin since 2016. I’ve written many times about my experience hearing of Bitcoin. Having no idea what it was but taking an entire day to learn how and buying a small amount at $700. And in late 2017 taking profits when Bitcoin hit $20,000.

In 2019, when Bitcoin was under $10,000, I was extremely adamant that it was a must buy. So to help people, I created videos showing them how to create a Coinbase account and buy Bitcoin. And I explained how they could buy under $10k, once it goes to new highs above $20k, take their initial investment off the table. Then they could ride the volatility with peace of mind.

My parents listened. And we rode Bitcoin above $45k in 2021 before taking more profits.

Bitcoin changed my life. But I knew there was something still missing. I didn’t fully understand TIME. I missed out on some additional gains by not riding all the way to the top at $70k in 2021. And I missed re-entering at the very bottom in late 2022 under $20k.

This frustrated me and sent me on a journey to learn more about TIME. I read as many books as I could from WD Gann. And before Thanksgiving in 2023, it all connected.

So in December 2023 I wrote four articles, three with very specific dates. February 6, 2024. October 8, 2024. June 10, 2025. And the last was generic with October to December 2025. The first two regarding the 2/6/24 and 10/8/24 dates I published immediately on LinkedIn back in December 2023. The other two I referenced in my book on Bitcoin that I was writing (published in March 2024) and later published the full articles on LinkedIn in September 2024.

Let’s circle back to those articles.

February 6, 2024

In the first article, I wrote “Why is this date important? It’s the first date of the next cycle which should mark a temporary top in Bitcoin. Will it happen that exact day? Probably not. But into and after 2/6/2024 we are going to look for a temporary top and bottom within 1-2 months from that temporary top”

I continued in the article, “Will Bitcoin take off from there? Probably not. It’ll most likely trade sideways or slightly higher for the next 6-8 months until our next key date.”

And further wrote, “Why will there be a top around 2/6/2024? Because it’s math and how price moves across time.”

Now let’s review what actually happened.

The red perpendicular line above is 2/6/2024. And the blue arrow marks the top Bitcoin made on 3/13/2024. It then traded sideways to LOWER with a bottom in August and didn’t break out of the consolidation until late October/early November.

You can read exactly what I wrote and poke holes and say I was wrong. Because I wrote we’d see a bottom 1-2 months after the top and trade sideways or slightly higher. And in fairness, that didn’t happen. But I wasn’t wrong. Price still traded sideways for 6-8 months just like I said. It just didn’t do exactly what I said. And that’s because I was too focused on an exact repeat of last cycle. I forgot that price does not REPEAT over time it only RHYMES.

I explained this in further detail in my article on September 11, 2024 titled Get Your Bitcoin Now – Final Warning!! and also showed you how the market is rhyming.

Why did I write that article in September? Explaining how the cycle is doing as expected? Because we were getting really close to the next key date I wrote about back in December 2023.

October 8, 2024

In this article I wrote, “Whatever you need to do to understand Bitcoin and trust that this is your one shot at life changing gains…Do it by this date.”

I continued, “What’s special about this date? Nothing, other than it’s the next ‘time’ frame that is important as Bitcoin’s price continues to move across time. Will Bitcoin soar on this day? Most likely not…But after this date, any moment the rocket ship which is the Bitcoin price, will lift off.”

And I ended the article with, “All you need to know now, is Tuesday October 8, 2024 is the date you need to do whatever you need to do to make sure you’re ready. Because the fun is about to begin…”

I was so confident in that date which is why I wrote the article referred to above on 9/11/24 that ended with, “All I know is the cycle is happening as you can see. And PRICE is about to have achieved sufficient TIME to work through the INSIDER zone. I’m buying weekly with any cash I have available because we’re about to approach the ROCKET zone.”

What actually happened?

The green arrow marks the line which represents October 8, 2024. You’ll notice price dipped lower immediately after this date. Then it slowly moved higher before taking off like the rocket ship I suggested.

How did I know all of this? And what are all those crazy lines on the chart?

The lines are created through my understanding of how price moves through Time from studying WD Gann. I’m not claiming to be an expert, I’m stating it connected for me with Bitcoin.

And this line with the green arrow is the most bullish part of the Bitcoin cycle. That’s why I titled it the beginning of the Rocket Zone. I believe the Rocket Zone will continue until sometime towards the very end of 2025 (before February 2026). I wrote about how I’ll begin looking for the end of the Rocket Zone in an article published in September.

But we don’t need to worry about that yet. We are still firmly in the Rocket Zone. There is a long way to go in this cycle in my opinion.

However, that doesn’t mean there won’t be air pockets along the way. The Rocket will sputter out and need to refuel. I first wrote about a bump in the road occurring around June 10, 2025 in an article I published in September. I think the bump in the Rocket around June will be different than I originally thought but believe it will still happen. It will just look different as it will rhyme with the past, not repeat exactly.

And in November I put together an extremely important update calling for the current “sputtering” in price action we are seeing now.

Bitcoin’s price is volatile. Major moves up and down are the norm with Bitcoin. I wrote these articles preparing you for bumps. That way you didn’t get fearful and sell. And if you have fiat savings you could buy more.

Now that we’ve gone through a bit of history so you can see how I’ve been laying out the cycle, let’s circle back to the current day. And why I’m extremely bullish when everyone else appears bearish and fearful.

I recently posted four blog updates. Two were in late January providing a Rocket Zone 2025 Forecast Update along with a view that Sh*tcoins Are About to Take-Off Too.

In the first article, I wrote “Where exactly this bottom occurs is not clear, but I think after 2/8/2025, much earlier than the originally forecasted date of 3/18/2025, price will begin its next Rocket move higher.” And I ended that article by saying, “Regardless, I think we have another 1-2 weeks of ‘poor’ price action and then a massive move begins…”

And in the second article I wrote, “everything but Bitcoin has a chance to go much higher in short-order. Yes, Bitcoin will go higher as well. Most likely post 2/8/25 as mentioned in my last blog post. But, other tokens may very well outperform.” Further I specified, “Everything starts going up post 2/8/25 BUT sh*tcoins may outperform Bitcoin. And I’m specifically looking at ETH. If you go on X, everyone is bearish ETH. You’d think ETH is dead.”

Shortly after I wrote those two blog posts, sh*tcoins got hammered. A complete bloodbath occurred. But I saw this as an opportunity because it occurred before 2/8/25. So I followed up with the next two blog posts, This is What Capitulation Looks Like and Are You Understanding Yet?

In the first article I wrote, “Saturday marks 2/8/25 which is when I believe Time will allow price to move higher for Bitcoin. And not just that, it will allow sh*tcoins to outperform and rocket higher.” And I concluded by saying “This is not the week to get scared. I’m not. There’s blood in the streets and I’m buying.

In the second article I concluded by saying, “We still have some Time to work through as 2/8/25 is not until Saturday. But conditions are showing you that we are setting up for a massive move higher. It’s about to get fun!”

And this brings us to the core of this article. The Banana Zone portion of the Rocket Zone. The Rocket Zone is very Bitcoin centric as that is the core crypto I believe you should buy and hold long term. But there’s a portion of the Rocket Zone that becomes The Banana Zone, coined by Raoul Pal from Real Vision, where altcoins go crazy. That’s why I led this article with a picture of Elon Musk’s rocket with a banana on it.

Let’s dive in. First, we’ll focus on why Bitcoin’s Time to move higher is coming.

February 8, 2025

First, let’s zoom out and look at price action over the last year:

The red perpendicular line is 2/6/24 when I predicted price would top after and trade sideways for six months. Because we were entering a “weak” period in time. The green perpendicular line is 10/8/24 when I predicted the Rocket Zone would begin. And price shot higher. But notice what price did?

Look at the red parallel line. Price moved into a new “realm.” Not only were new all-time highs made, price moved into a higher level above the Gann charting that has been tracking Time. Once this occurred on 11/13/24 is why I wrote the article mentioned above on November 19, 2024 titled: Important Rocket Zone Update – Time Frame Differences Are NOT Contradictory.

In that article I gave you fundamental reasons as to why price was going to struggle. Which it has. I honestly expected price to come all the way down and retest that parallel red line around $85k-$86k. It hasn’t. It’s only come down to around $89k. But it still could. Remember, just because price CAN begin to move higher after 2/8/25 doesn’t mean it will immediately.

It would not surprise me at all to see price still retest this level and not bottom until mid-March 2025 because that’s a year after the top before the long consolidation period from 2024. And price tends to rhyme on key dates. Remember how I showed you the bottom in March 2020 marked the top in March 2024 to the exact day?

But I would not bank on this because it doesn’t have to. Which brings us to zooming in to where we are today:

The red line is 2/8/25. Price has now reached a similar stage in Time on a smaller scale within the larger Time scale that began on 10/8/24. This is why price now has the ability to move higher at any moment. So while price could still go retest $85k-$86k, it got close at $89k and we’re in a Time period where it’s free to move higher in this new realm.

Whether or not it takes another move lower short-term, I believe Bitcoin is about to begin its next march higher. My best guess is price moves higher slowly to somewhere around $150k and topping out somewhere around June 10, 2025. Go back and read my article on this date and my 2025 Bitcoin Rocket Zone Price Forecast for my views.

But we can worry about what happens then later. What you need to understand now is that Bitcoin price has achieved the TIME where it can begin its next move higher. And when Bitcoin begins its next move higher is what I believe will kick off the Banana Zone. Or as I said, Sh*tcoins Are About to Take-Off Too.

To understand why I believe the Banana Zone and Altcoins taking off is about to begin as Bitcoin reaches this key time period, we need to look at the fundamentals that drive altcoins.

First, just understand as Bitcoin moves higher and folks become bullish again, people move out the risk curve to more speculative assets (i.e., altcoins).

But it’s not just that. Increased liquidity and improving economic conditions further accelerate this move to more risk-taking.

Let’s start with the USD and liquidity. A lower dollar means more liquidity. As the dollar weakens that creates more global liquidity as it takes less dollars to service USD denominated debts around the world. I’ve posted this chart before but look at the dollar in 2017 the last time Trump took office.

The dollar rose as Trump was heading into office because of all his talk about tariffs. But then it topped early in his term and weakened throughout the rest of 2017.

And if we look at the dollar today, it appears to have peaked.

I’d like to see a weekly close well below the top green line for confirmation, but this chart is eerily similar to 2017. If the dollar has peaked here and begins a steady move lower through 2025, that means increased global liquidity.

To further show you this correlation and what a weaker dollar means in terms of liquidity, I’m going to borrow a few charts from the most recent Macro Investing Tool at Real Vision. If you don’t have a membership to Real Vision, I highly recommended at least getting a free membership.

Here is a chart where they overlayed the USD from the 2016-2017 Trump taking office to the 2024-2025 period. The correlation is striking.

Now take a look at this chart of liquidity from Real Vision:

You can see how in previous cycles once liquidity broke out of the wedge it pulled back before moving higher. This pullback in liquidity is why I wrote the article referred to above in November 2024 expecting weak Bitcoin. Bitcoin tends follow liquidity, which is driven by the dollar, on a lag.

You can see how when liquidity moves higher, Bitcoin moves higher. Let’s now look at liquidity from 2017 to today.

Do you see how this looks the same as the USD overlay just inverted? And as we’ve shown the dollar looks to have topped and liquidity is moving higher. Higher liquidity is a fundamental reason for Bitcoin to move higher and it just so happens it’s occurring right before price has moved through sufficient Time (2/8/25).

On top of all this, remember I wrote about how when the ISM breaks above 50 that is bullish for crypto. And in my last blog post, I shared how the most recent ISM broke above 50.

And to quote Real Vision: “as we’ve discussed before, the major moves in crypto tend to happen when the business cycle starts gaining real momentum – particularly when the ISM pushes above 50 and continues its climb toward a late-cycle peak…”

Here’s their chart showing the ISM and Bitcoin:

You can see how Bitcoin tends to peak once the ISM peaks. And ISM is not peaking, it’s just beginning its move higher. This is bullish for Bitcoin.

The price of Bitcoin has reached the Time of the Rocket Zone, moved into a new realm where it needed to “cool-off,” and is now reaching another critical Time period within the Rocket Zone. On top of that the fundamental reasons are behind the Bitcoin move. The dollar is weakening, liquidity is increasing, and the ISM is moving higher.

But in this stage, it’s altcoins that will most likely outperform on the move up because it’s the Banana Zone within the Rocket Zone. As liquidity increases and the economy does better while Bitcoin’s price is moving higher, risk-taking increases. Which means altcoins.

Look at this chart of altcoins compared to the ISM:

Altcoins tend to soar when the ISM starts moving higher. I wrote in my blog article last weak how there looked to be a capitulation event in altcoins, marking a top in Bitcoin dominance.

If Bitcoin moves higher because price has moved through the Time needed to cool-off after reaching a new realm, but Bitcoin dominance has topped…That means altcoins outperform. That chart sure looks like a top to me.

To wrap things up, since Real Vision coined the Banana Zone, here’s a final chart from them:

You see the breakout from “The Boring Zone” box in each of the charts? That’s the start of the Rocket Zone as I call it. And you see the “cooling off” period that happens after the Rocket Zone begins? That brings the Banana Zone within the Rocket Zone.

And folks, that’s where we are. I bought this merch from Real Vision a while back. But I didn’t wear it until I began writing this article on 2/8/25 because we weren’t there yet. I believe we’re there.

I’m bullish. “Everyone” else might be scared but I’m not because I put in the work to understand how price moves through time. And I’ve been writing about all of this to prepare you. We’re about to go Bananas on a Rocket.

And so as I finish this article and publish it on 2/9/25, I’m celebrating with one of my all-time favorite cigars! Cheers!

*Educational purposes only, not financial advice.