Bitcoin (BTC) Price Prediction: This Level Comes Next According to Glassnode Co-Founder
Bitcoin's price might be claiming a very important level next, according to Glassnode's co-founder....
- Bitcoin's price has been increasing since September 12th and is currently trading at around $26,500.
- Glassnode's co-founder predicts that Bitcoin may claim an important level and break beyond $27,000.
- The US Consumer Price Index (CPI) increased by 0.6%, causing some fluctuation in Bitcoin's price.
- The core CPI, excluding volatile sectors, saw a yearly increase of 4.3% while the overall CPI was 3.7%.
- The news initially had little impact on Bitcoin's price, which settled at its previous trading level.
- Glassnode's co-founder believes that Bitcoin's climb is a step towards breaking the psychological barrier at $30,000.
The sentiment of the article is generally positive, highlighting the recent increase in Bitcoin's price and the bullish prediction made by Glassnode's co-founder.