Glassnode Co-Founders Weigh In On Bitcoin (BTC) Path To $30,000


16 Sep 2023 2:20 PM

Co-founders of Glassnode have plotted a possible path through which Bitcoin may return to $30,000 in the coming weeks....

  • Bitcoin has gained over 5% and is trading above $26,000.
  • Despite the US Consumer Price Index showing inflation rise, Bitcoin remains resilient with little price drops.
  • Market analysts speculate on Bitcoin's next movement, with Glassnode co-founders predicting a move above $27,000 and eventual push to $30,000.
  • Bitcoin's transaction fees have increased by 40% and there is a high level of adoption, indicating rising investor interest.

The sentiment around Bitcoin is positive, with analysts predicting a potential rally and overcoming price barriers.

Go to publisher site

You May Ask

What is the current price of Bitcoin and its trading volume?How has Bitcoin performed in the past week?What are the predictions of Glassnode co-founders regarding Bitcoin's price movement?What factors indicate rising investor interest in Bitcoin?

Suggested Reads