Bitcoin's Path to $100K: A Boon for Altcoins and Market Stability
TL;DR
Glassnode co-founders Jan Happel and Yann Allemann suggest that Bitcoin may have bottomed out after a correction, as long-term holders have sold less aggressively compared to earlier in the year. They also express optimism about the AI-based crypto project, Artificial Superintelligence Alliance (FET), which they believe is poised for a rally due to its strong fundamentals, neutral RSI, and accumulation phase. FET is currently trading at $1.62, up 8.1% in the last 24 hours.
Topics:businesscryptocurrency#altcoin#artificialintelligence#bitcoin#cryptocurrency#glassnode#investment
- Glassnode Co-Founders Predict Bitcoin Has Bottomed Out, Say One Altcoin Checks All the Boxes for Incoming Rally The Daily Hodl
- The grim ghost of crypto future Financial Times
- The longer bitcoin takes to hit $100,000, the better it is for other crypto MarketWatch
- Bitcoin Heads Back Toward $100,000. It's Lifting MicroStrategy With It, Too. Barron's
- Huge $15 Trillion Bitcoin Price Bet Helps Stem Sudden Crypto Sell-Off Forbes
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