On Thursday morning, the crypto market experienced further weakness, resulting in a decline for BTC and other leading crypto assets. BTC, one of the largest crypto tokens, saw its value decrease by an additional 2 percent but somehow managed to remain slightly above the $26,000 level.
Meanwhile, the co-founder of Glassnode made a surprising prediction for Bitcoin, suggesting that it has reached its bottom and is now poised for a significant rally. He pointed out two simple moving averages (SMAs) that indicate a highly likely breakout for Bitcoin in the near future.
