Bitcoin Insights: Glassnode Founders Dispute Bearish BTC Trends for September

Wednesday, 4 September 2024, 12:55

Bitcoin forecasts are being challenged as Glassnode founders dispute the BTC bearish outlook for September. The analytics firm believes a bearish monthly candle is unlikely, contrary to popular sentiment.
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Bitcoin Insights: Glassnode Founders Dispute Bearish BTC Trends for September

The Bitcoin Forecast for September

Bitcoin predictions are heating up, especially as Glassnode founders Jan Happel and Yann Allemann express doubts about a negative month for BTC. They argue that the likelihood of printing another red candle for September, as many anticipate, is minimal.

Market Sentiment Analysis

The analytics firm Glassnode, known for its insights into cryptocurrency trends, highlights the prevailing market fears but counters with data suggesting resilience in Bitcoin performance.

Investors and analysts are advised to stay updated with these insights.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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