Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Glassnode Co-Founders Predict Bitcoin Could Surge Over 400% as Gold-BTC Ratio Takes Off

Glassnode Co-Founders Predict Bitcoin Could Surge Over 400% as Gold-BTC Ratio Takes Off

CointimeCointime2023/11/24 09:21
By:Cointime

The co-founders of Glassnode, a blockchain analytics platform, have expressed optimism about Bitcoin. The gold-to-Bitcoin ratio has risen and is currently on an upward trend, according to Jan Happel and Yann Allemann. The Glassnode co-founders predict that the gold-BTC ratio could rise to over 100, meaning that one BTC would be worth 100 times more than one ounce of gold. They also suggest that the Bitcoin-altcoin cycle indicator indicates that an altcoin season is on the horizon.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Solana considers lattice-based scalability and quantum threat solutions to outpace Ethereum

Solana's network upgrades aim to optimize billions of accounts and secure against quantum advances.

CryptoSlate2025/01/08 07:22

Vitalik Buterin champions decentralized defense against AI risks

Buterin emphasizes decentralization in AI safety, advocating for defense-driven technologies over centralized control.

CryptoSlate2025/01/08 07:22

Report: Telegram Handed Over User Data in 2,000 Cases in 2024

The company complied with 900 requests, impacting a total of 2,253 users between October and December.

Cryptotimes2025/01/08 07:11