The co-founders of the blockchain analytics platform Glassnode are expressing bullish sentiment on Bitcoin (BTC). According to the Glassnode co-founders, the gold-to-Bitcoin ratio, currently at 18.8, could surge to a three-figure level, indicating that Bitcoin (BTC) could increase by over 400%. This means that one Bitcoin (BTC) could be valued at 100 times more than one ounce of gold. Additionally, the Bitcoin-altcoin cycle indicator also suggests that the "altcoin season is on the horizon". This could indicate potential profits from investments in altcoins as well. Although there are large upsides possible, there is also an equal amount of risk inherent to the cryptocurrency markets. Therefore, it is important to approach investment decisions cautiously.



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