Bitcoin's Path to $100K: A Boon for Altcoins and Market Stability

1 min read
Source: The Daily Hodl
Bitcoin's Path to $100K: A Boon for Altcoins and Market Stability
Photo: The Daily Hodl
TL;DR Summary

Glassnode co-founders Jan Happel and Yann Allemann suggest that Bitcoin may have bottomed out after a correction, as long-term holders have sold less aggressively compared to earlier in the year. They also express optimism about the AI-based crypto project, Artificial Superintelligence Alliance (FET), which they believe is poised for a rally due to its strong fundamentals, neutral RSI, and accumulation phase. FET is currently trading at $1.62, up 8.1% in the last 24 hours.

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