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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.

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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.

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