Macro guru and former Goldman Sachs executive Raoul Pal on Wednesday suggested the possibility of a bubble cycle emerging in the cryptocurrency sector. What Happened: According to Pal, there’s a “60% chance” we’re in a “regular cycle” akin to previous ones. “Here’s my probability set: 60% chance it’s a regular cycle, somewhat like the last cycle but maybe a bit more like the previous cycle – like 2017 that got a little bit crazy,” Pal said during an interview with crypto influencer Scott Melker, adding that “there’s a 20% chance that maybe it all gets front-loaded… And the other 20% chance is …

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