{"id":642167,"date":"2024-09-16T12:00:55","date_gmt":"2024-09-16T12:00:55","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=642167"},"modified":"2024-09-16T05:20:46","modified_gmt":"2024-09-16T05:20:46","slug":"glassnode-bitcoin-crash-37000","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/","title":{"rendered":"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/what-triggered-bitcoins-last-explosion\/#:~:text=Bitcoin%20(BTC)%20has%20been%20making,optimism%20about%20the%20cryptocurrency's%20future.\" rel=\"nofollow\"><span style=\"font-weight: 400\">Glassnode co-founders<\/span><\/a><span style=\"font-weight: 400\"> Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn\u2019t be sad about such a <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-active-addresses-crash-july-2021-lows-means\/#:~:text=The%20July%202021%20slump%20came,run%20saw%20a%20second%20wave.\" rel=\"nofollow\"><span style=\"font-weight: 400\">massive price decline<\/span><\/a><span style=\"font-weight: 400\"> for the flagship crypto.\u00a0<\/span><\/p>\n<h2>Bitcoin Dropping To $37,000 Would Be A Steal<\/h2>\n<p><span style=\"font-weight: 400\">Happel and Allemann mentioned in an X (formerly Twitter) <\/span><a href=\"https:\/\/x.com\/Negentropic_\/status\/45164704\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> on their shared account that a Bitcoin price drop to $37,000 would be a steal. They added that they won\u2019t be \u201cmad\u201d about the price crash because it would give them an <\/span><a href=\"https:\/\/bitcoinist.com\/if-youre-yet-to-buy-bitcoin-crypto-analyst-says-this-is-the-level-to-watch\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">opportunity to buy more BTC<\/span><\/a><span style=\"font-weight: 400\"> at such low levels. The Glassnode co-founders won\u2019t hesitate to buy the dip as they are confident about Bitcoin reaching a <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-breaks-through-69000-setting-new-record\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">new all-time high (ATH)<\/span><\/a><span style=\"font-weight: 400\"> in this market cycle.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.ktsl888.com\/news\/super-guppy-indicator-says-xrp-is-ready-for-a-surge-to-99\/\">\u2018Super Guppy\u2019 Indicator Shows XRP Is Ready For A Surge To $99<\/a><\/div>\n<p><span style=\"font-weight: 400\">In an earlier X post, they stated that Bitcoin\u2019s next run-up to $70,000 will likely see it break its current ATH of $73,000, reached in March earlier this year. Happel and Allemann added that BTC\u2019s parabolic rally would be driven by a \u201cstrong altcoin undercurrent,\u201d predicting that the <\/span><a href=\"https:\/\/bitcoinist.com\/altcoin-season-ethereum-breakout\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">altcoin season<\/span><\/a><span style=\"font-weight: 400\"> could occur soon enough.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Glassnode co-founders could get their wish of Bitcoin dropping to $37,000 before hitting a new ATH as crypto Zoran Kole recently predicted an imminent price crash for the flagship crypto. Kole mentioned in an X post that he believes that the low $40,000 range is coming next for Bitcoin.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The analyst further highlighted a \u201cvery clear\u201d <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-price-to-reach-112000\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Head-and-Shoulders pattern<\/span><\/a><span style=\"font-weight: 400\"> developing on Bitcoin\u2019s chart, which showed that the flagship crypto could drop to as low as $36,000. He added that this bearish pattern \u201ccoincides with a yearly open retest with a strong case for a bounce right below the current yearly low of $38,500.\u201d<\/span><\/p>\n<figure id=\"attachment_642169\" aria-describedby=\"caption-attachment-642169\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-642169\" src=\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin_a71aa9.png?w=460&#038;resize=460%2C249\" alt=\"Bitcoin\" width=\"460\" height=\"249\" srcset=\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin_a71aa9.png?w=512 512w, https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin_a71aa9.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><figcaption id=\"caption-attachment-642169\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Kole revealed that breaking the weekly bearish market structure could invalidate this trade setup. That means Bitcoin needs to rise above $65,000 to confirm a bullish reversal. <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-analyst-expects-100000-by-december-details\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Jelle<\/span><\/a><span style=\"font-weight: 400\"> also <\/span><a href=\"https:\/\/x.com\/CryptoJelleNL\/status\/33478586\" rel=\"nofollow\"><span style=\"font-weight: 400\">suggested<\/span><\/a><span style=\"font-weight: 400\"> that $65,000 is the level Bitcoin needs to break above to enjoy a parabolic rally to a new ATH.\u00a0<\/span><\/p>\n<h2>BTC Breakout To Happen In Next \u201cFew Weeks\u201d<\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/bitcoin-cycle-might-be-shorter-than-usual\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Rekt Capital<\/span><\/a><span style=\"font-weight: 400\"> has offered a more bullish outlook for Bitcoin, stating that history suggests the <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-rally-expected-once-price-breaks-69500-fomo-likely\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">BTC breakout<\/span><\/a><span style=\"font-weight: 400\"> could happen in the next few weeks. He also revealed that Bitcoin is close to reclaiming the reaccumulation range and resynchronizing with post-halving price tendencies. This could lead to the parabolic uptrend, which the analyst had previously mentioned is the next stage of the <\/span><a href=\"https:\/\/bitcoinist.com\/breaking-bitcoin-halving-2024-complete-what-expect\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">halving cycle<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.ktsl888.com\/news\/cardano\/cardano-recovery-ada-price-crash\/\">Analysts Kick Against Cardano Recovery, Says ADA Price Is Destined For 33% Crash<\/a><\/div>\n<p><span style=\"font-weight: 400\">In another X post, Rekt Capital indicated that it was important for Bitcoin to close this month above the <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-price-crashed-58000\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">quarterly level at $58,800<\/span><\/a><span style=\"font-weight: 400\">. He stated that a close above this price level would fully confirm Bitcoin\u2019s successful retest of this price range as support.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, Bitcoin is trading at around $58,400, down over 2% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/KavBMjMs\/\" alt=\"Bitcoin price chart from Tradingview.com\" width=\"3286\" height=\"1450\"><figcaption class=\"wp-caption-text\">BTC bulls vie for control over price | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn\u2019t be sad about such a massive price decline for the flagship crypto.\u00a0 Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter) post on their shared account that a Bitcoin price drop to $37,000 would be a steal. They added that they won\u2019t be \u201cmad\u201d about the price crash because it would give them an opportunity to buy more BTC at such low levels. The Glassnode co-founders won\u2019t hesitate to buy the dip as they are confident about Bitcoin reaching a new all-time high (ATH) in this market cycle.\u00a0 Related Reading: \u2018Super Guppy\u2019 Indicator Shows XRP Is Ready For A Surge To $99 In an earlier X post, they stated that Bitcoin\u2019s next run-up to $70,000 will likely see it break its current ATH of $73,000, reached in March earlier this year. Happel and Allemann added that BTC\u2019s parabolic rally would be driven by a \u201cstrong altcoin undercurrent,\u201d predicting that the altcoin season could occur soon enough.\u00a0 The Glassnode co-founders could get their wish of Bitcoin dropping to $37,000 before hitting a new ATH as crypto Zoran Kole recently predicted an imminent price crash for the flagship crypto. Kole mentioned in an X post that he believes that the low $40,000 range is coming next for Bitcoin.\u00a0 The analyst further highlighted a \u201cvery clear\u201d Head-and-Shoulders pattern developing on Bitcoin\u2019s chart, which showed that the flagship crypto could drop to as low as $36,000. He added that this bearish pattern \u201ccoincides with a yearly open retest with a strong case for a bounce right below the current yearly low of $38,500.\u201d Kole revealed that breaking the weekly bearish market structure could invalidate this trade setup. That means Bitcoin needs to rise above $65,000 to confirm a bullish reversal. Crypto analyst Jelle also suggested that $65,000 is the level Bitcoin needs to break above to enjoy a parabolic rally to a new ATH.\u00a0 BTC Breakout To Happen In Next \u201cFew Weeks\u201d Crypto analyst Rekt Capital has offered a more bullish outlook for Bitcoin, stating that history suggests the BTC breakout could happen in the next few weeks. He also revealed that Bitcoin is close to reclaiming the reaccumulation range and resynchronizing with post-halving price tendencies. This could lead to the parabolic uptrend, which the analyst had previously mentioned is the next stage of the halving cycle.\u00a0 Related Reading: Analysts Kick Against Cardano Recovery, Says ADA Price Is Destined For 33% Crash In another X post, Rekt Capital indicated that it was important for Bitcoin to close this month above the quarterly level at $58,800. He stated that a close above this price level would fully confirm Bitcoin\u2019s successful retest of this price range as support.\u00a0 At the time of writing, Bitcoin is trading at around $58,400, down over 2% in the last 24 hours, according to data from CoinMarketCap.\u00a0\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":642174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[428,656,679,1119,89185,1122,1144,78790,61309,93049,93050],"class_list":["post-642167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-glassnode","tag-glassnode-founders","tag-glassnode-news"],"acf":[],"yoast_head":"\n<title>Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why<\/title>\n<meta name=\"description\" content=\"Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why\" \/>\n<meta property=\"og:description\" content=\"Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-16T12:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-16T05:20:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why\",\"datePublished\":\"2024-09-16T12:00:55+00:00\",\"dateModified\":\"2024-09-16T05:20:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/\"},\"wordCount\":542,\"publisher\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024\",\"keywords\":[\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\",\"glassnode\",\"Glassnode founders\",\"Glassnode news\"],\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/\",\"url\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/\",\"name\":\"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why\",\"isPartOf\":{\"@id\":\"https:\/\/www.ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-09-16T12:00:55+00:00\",\"dateModified\":\"2024-09-16T05:20:46+00:00\",\"description\":\"Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage\",\"url\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Bitcoin crash\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ktsl888.com\/#website\",\"url\":\"https:\/\/www.ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/www.ktsl888.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why","description":"Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/","og_locale":"en_US","og_type":"article","og_title":"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why","og_description":"Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing.","og_url":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-09-16T12:00:55+00:00","article_modified_time":"2024-09-16T05:20:46+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#article","isPartOf":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why","datePublished":"2024-09-16T12:00:55+00:00","dateModified":"2024-09-16T05:20:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/"},"wordCount":542,"publisher":{"@id":"https:\/\/www.ktsl888.com\/#organization"},"image":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024","keywords":["bitcoin","Bitcoin news","bitcoin price","btc","BTC news","btc price","btcusd","BTCUSDT","glassnode","Glassnode founders","Glassnode news"],"articleSection":["Bitcoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/","url":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/","name":"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why","isPartOf":{"@id":"https:\/\/www.ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage"},"image":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024","datePublished":"2024-09-16T12:00:55+00:00","dateModified":"2024-09-16T05:20:46+00:00","description":"Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing.","breadcrumb":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#primaryimage","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Bitcoin crash"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why"}]},{"@type":"WebSite","@id":"https:\/\/www.ktsl888.com\/#website","url":"https:\/\/www.ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/www.ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/www.ktsl888.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\u2019t Be A Bad Thing, Here\u2019s Why","url":"http:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.ktsl888.com\/news\/bitcoin\/glassnode-bitcoin-crash-37000\/"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt","glassnode","glassnode founders","glassnode news"],"dateCreated":"2024-09-16T12:00:55Z","datePublished":"2024-09-16T12:00:55Z","dateModified":"2024-09-16T12:00:55Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn\\u2019t Be A Bad Thing, Here\\u2019s Why\",\"url\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/bitcoin\\\/glassnode-bitcoin-crash-37000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/bitcoin\\\/glassnode-bitcoin-crash-37000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Bitcoin-crash-2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Bitcoin-crash-2.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"glassnode\",\"glassnode founders\",\"glassnode news\"],\"dateCreated\":\"2024-09-16T12:00:55Z\",\"datePublished\":\"2024-09-16T12:00:55Z\",\"dateModified\":\"2024-09-16T12:00:55Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/09\/Bitcoin-crash-2.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/642167"}],"collection":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/comments?post=642167"}],"version-history":[{"count":1,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/642167\/revisions"}],"predecessor-version":[{"id":642177,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/642167\/revisions\/642177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media\/642174"}],"wp:attachment":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media?parent=642167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/categories?post=642167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/tags?post=642167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}