Glassnode Co-Founders Name One Catalyst That Could Trigger Bitcoin FOMO, Say Battle for $69,000 Is On

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The co-founders of the crypto analytics platform Glassnode believe that Bitcoin (BTC) is primed to head to uncharted territory following an extended consolidation period this year.

Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that “the battle for $69,000 is on” for Bitcoin.

The Glassnode founders share a chart suggesting that Bitcoin has already broken above its diagonal resistance that has kept BTC bearish since March.