The Perfect Setup? Don’t Count on a Bitcoin Crash Back to $23,000, Says Glassnode Co-Founder – Here’s Why

The co-founder of the crypto analytics firm Glassnode thinks the current macro environment offers a “perfect setup” for riskier assets like Bitcoin (BTC) to thrive. The pseudonymous analyst Negentropic tells his 55,800 Twitter followers that the U.S. Dollar Index (DXY) is losing steam, which he sees as a positive for Bitcoin. Negentropic also notes that The post The Perfect Setup? Don’t Count on a Bitcoin Crash Back to $23,000, Says Glassnode Co-Founder – Here’s Why appeared first on The Daily Hodl .