December 4, 2023

Glassnode co-founder Negentropic on Friday carried out an in depth evaluation on whether or not Bitcoin (BTC) might probably attain 98 occasions the value of gold. 

What Occurred: His examination revealed encouraging indicators as key indicators, such because the Relative Energy Index (RSI) and the Shifting Common Convergence Divergence (MACD), each confirmed a bullish sentiment. 

The RSI crossed the 50 mark, indicating doable upward momentum, whereas the MACD displayed a bullish crossover and demonstrated a continued upward trajectory.

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