Bitcoin Expected To Mirror Historical Trends: Glassnode Sets $120K Price Prediction For 2024
Summary
Bitcoin has seen a 9% decline in the past two weeks due to fading ETF hype. Glassnode co-founders believe this correction aligns with historical patterns and could lead to Bitcoin reaching $120,000. Analyst Crypto Con predicts new all-time highs for Bitcoin after November 28th, 2024, with potential prices of $90,000 or $130,000. BTC is currently trading at $40,590, down 2.5% in the past 24 hours, with $37,650 as the next major support level.
