Glassnode founder Yann Allemann gave a target of 120 thousand dollars for Bitcoin, highlighting its performance against gold.
Yann Allemann shared a social media post on July 6. in the post, Bitcoin with gold He said there would be a significant gap between for Bitcoin Giving a target of 120 thousand dollars under founder $1,200 marked the level.
Alleman, who analyzed the Bitcoin / Gold parity in his post, said: of Bitcoin gold against He expressed that he was ready to fly. In the parity in question, excessive indicator indicating buying and selling data The relative power index which is (RSI) The founder stated that he is on the rise, MACD indicator He also stated that he was in a bull crossing.
The following statements were included in the post:
Will Biticoin reach 98 times gold? Bitcoin-Gold ratio is ready to soar. The RSI is rising and is above 50. MACD has moved into a bullish position and is on the rise. Fibonacci levels show possible price targets.
Alleman lastly said, “Bitcoin 120 thousand gold in dollar at $1,200 Will we be able to see it? posed the question.