Major Move Coming for Bitcoin (BTC) As Market Forms Bullish Pattern: Glassnode Co-Founder
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A crypto analytics firm Glassnode co-founder says Bitcoin (BTC) is gearing up for a bull run after a dip down. Pseudonymous crypto analyst Negentropic, one of Glassnode’s co-founders, tells his 55,200 Twitter followers that after Bitcoin’s plunge to the $25,000 level the king crypto is likely setting up for a rally. He shares a chart that shows Bitcoin is retesting a “neckline” and likely entering a consolidation phase before rallying upward. In technical analysis, a neckline is a trendline drawn below a head and shoulders pattern and used as a key indicator of a trend reversal. “Statement: BTC started the
The co-founder of leading analytics platform Glassnode says higher prices for Bitcoin are inevitable as BTC leaves exchanges at historic levels. Yann Allemann tells his 52,700 Twitter followers that... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
The co-founders of leading blockchain analytics firm Glassnode are revealing that institutional investors are loading up on Bitcoin as BTC trades below the $30,000 level. In Glassnode’s latest... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…
The co-founders of leading analytics firm Glassnode are warning Bitcoin traders that the current macroeconomic backdrop could ignite another sell-off event for BTC. In Glassnode’s latest newsletter,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: NixCoin