Glassnode Co-Founders Say Bitcoin Flashing Major Momentum Signal, Detail Timeline for Bull Market Top
The co-founders of the analytics firm Glassnode say the bull market top for Bitcoin ( BTC ) is in sight.
Jan Happel and Yann Alleman, who go by the pseudonym Negentropic, tell their 63,900 followers on X that traders shorting Bitcoin right now will likely absorb losses.
According to the Glassnode co-founders, BTC is flashing signals witnessed exactly a year ago that drove Bitcoin to breach $100,000 for the first time ever.
“Our major momentum signal is in and accelerating deployment.
Last time this happened was October 2024, things about to heat up.
Bottom Confirmation with aggregated impulse.
BTC Trend and reversal confirmation with systematic strategies.
ETH systematic signals will be next, once BTC goes over all-time highs (ATHs).
If you are shorting this move, you are out of your mind.”
While the pair is bullish on Bitcoin and altcoins, they warn that the end of crypto’s bullish phase is on the horizon.
“There is a good chance BTC tops out in 4-5 weeks, and alts in 6-8 weeks.”
Meanwhile, analytics firm Swissblock says strong fundamentals are carrying BTC to new all-time high levels.
“Now, with Bitcoin trending into the ATH zone, it’s clear: fundamentals were the launchpad. Liquidity and network growth built the base, turning a bearish setup into the foundation of the current bullish trend. The lesson: when price and sentiment diverge from fundamentals, it often marks structural inflection points.”
Source: Swissblock/X
At time of writing, Bitcoin is trading at $124,144, very close to its all-time high of $125,782.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Asbury's Retro Strategy Increases Profits, Yet Shares Trail the S&P
- Asbury Automotive's nostalgia-driven strategy boosted Q3 2025 earnings, with $7.17 adjusted EPS surpassing estimates and $4.8B revenue up 13% YoY. - New vehicle sales ($2.53B, +17%) and finance/insurance profits ($187.1M, +9%) drove growth, though used vehicle sales lagged due to weak unit demand. - Despite strong fundamentals and value scores (A ratings), ABG stock underperformed the S&P 500 by 1.2%, reflecting mixed investor sentiment amid $3.6B debt concerns. - Analysts highlight Asbury's $28.03/share
Hyperliquid News Today: Community-Led Restaking Challenges Bear Market Expectations While HYPE Tokens Remain Resilient
- Hyperliquid unlocked $60.4M HYPE tokens on 2025/11/29 via its vesting schedule, with 40% restaked and 35% held post-unlock. - Core contributors demonstrated disciplined allocation, contrasting traditional VC-funded projects prone to token dumping. - Market impact was minimal (1.7% dip to $33.80), defying bearish forecasts and showing strong whale accumulation. - Analysts highlight buyback strength ($82M/month) and technical indicators suggesting potential $40+ breakout.
Ethereum News Today: Ethereum Faces a Pivotal Moment at $2,880—Will Institutions Keep Buying or Will Bears Take Over?
- Ethereum hovers near $3,000 amid conflicting technical signals and increased selling pressure from long-term holders offloading 973,600 ETH weekly. - Institutional confidence grows as BitMine accumulates 69,822 ETH ($200M) and ETFs add $96.67M, contrasting with bearish RSI divergence and $2,580 support risks. - Fed rate-cut odds above 80% for December fuel speculative buying, while $2,880 resistance remains pivotal for determining Ethereum's short-term direction. - Whale activity diverges: large whales a
Bitcoin News Today: Bitcoin’s ‘Panda Market’ Position: Holding Steady Rather Than Falling Apart
- Bitcoin's market consolidation sees ETF inflows/outflows diverge, with BlackRock's IBIT leading $42.8M inflows while Fidelity's FBTC faces $33. 3M outflows. - Altcoin ETFs show mixed trends: Solana records first outflows, XRP gains $644M cumulative inflows, and Dogecoin ETFs underperform expectations. - Price drops 30% to $87,000 amid $3.5B ETF outflows, driven by Fed tightening and leveraged position deleveraging, though whale accumulation and derivatives bets hint at potential rebound. - Market stabili
Trending news
MoreCrypto prices
More
