Bitcoin Rebound Fizzles at $78K
Bitcoin’s Coinbase Premium Index remains negative despite $BTC spot price nearing $78,000, indicating selling pressure from US traders. BTC retraced to $77,300. #Update #Crypto $BTC
Bitcoin’s Coinbase Premium Index remains negative despite $BTC spot price nearing $78,000, indicating selling pressure from US traders. BTC retraced to $77,300. #Update #Crypto $BTC
Bitcoin’s Coinbase Premium Gap spiked to $61 as the price neared $74,000, indicating strong U.S. institutional demand. Open Interest in derivatives markets is rising. #Update #Crypto $BTC
The Bitcoin Coinbase Premium Gap has dropped to -$122, marking one of the lowest levels in 18 months, reflecting reduced US demand. #Update #Crypto $BTC
Bitcoin rebounds above $90K amid easing institutional sell pressure, but the Coinbase Premium Index remains negative, indicating continued cautious sentiment. #Update #Crypto $BTC
NewsBTC: Bitcoin trades at a discount on @Coinbase, signaling US selling pressure as $BTC consolidates around $102K amid market uncertainty. #Update #Crypto $BTC (-3) ↘
Bitcoin signal that previously took price from $69,000 to $108,000 has reappeared, indicating potential market movement for $BTC. • #Update • #Crypto • $BTC • (+4) • ↗
@NewsBTC reports the Bitcoin Coinbase Premium has dropped to its lowest level since the FTX crash, raising questions about a potential market bottom. • #Update • #Crypto • @NewsBTC • (+4)