Bitcoin Comment from Glassnode Co-Founder: Gave Short Term Price Target!

The co-founder of on-chain analytics platform Glassnode stated that the target for next summer in Bitcoin (BTC) is $35,000.

Negentropic Co-founder of the alias Glassnode, a recent in sharingBitcoin bull view of He claimed to continue to protect. Subsidiary of Glassnode Swissblock co-founder, pointing to the weekly analysis shared by short term to the corrections However, the medium-term outlook is still 35 thousand dollars pointed out.

27 thousand dollars Describing the retracement to the band as a short-term correction, Negentropic pointed out that this region has been maintained steadily until now:

The bullish outlook continues, with Bitcoin targeting $35,000 for this summer. Here’s what the “State of the System” report revealed for week 19: There is still a bullish outlook. These are promising signs! It is holding steady at $27,000, although there are short-term corrections.

According to CoinGecko data, in the last 24 hours 2.7% drop BTC exhibiting at the time of writing at $27,385 is being traded.


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