Bitcoin Price Could Surge Over 275% to $256K Before 'Blow-Off Top' Crash, Analysts Say
• Bitcoin could surge to $256,000 before a "blow-off top" price crash, according to Glassnode analysts • This would represent a 278% price increase from current levels around $66,000 • Bitcoin remains in an overall bullish uptrend despite recent dips, possibly finding support around $60,000 • Blow-off tops involve dramatic price spikes followed by equally dramatic crashes • Glassnode believes Bitcoin could correct briefly in the near-term before continuing its uptrend