Tag Archives: Coinbase Premium

Coinbase Premium Turns Positive Since Mid-January As Bitcoin Sees Price Relief

Posted on by — No Comments ↓

Amid a recent Bitcoin price rebound, Coinbase Premium data shows that American investors are renewing their bullish interest. Notably, the latest price relief only closes a negatively volatile trading week in which Bitcoin experienced a free price fall, as 30% loss pushed prices to around $60,000.  This market plunge by the premier cryptocurrency has been… Continue reading Coinbase Premium Turns Positive Since Mid-January As Bitcoin Sees Price Relief→

Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why

Posted on by — No Comments ↓

Although the Bitcoin price has recently displayed swift recovery to the upside, the broader picture still mirrors a bleak future for the flagship cryptocurrency. A new on-chain evaluation has surfaced, which suggests that Bitcoin’s recent price recovery could be happening within a broader, weak trend, with macroeconomic factors acting as the major influences. Weak Japanese… Continue reading Bitcoin Remains In Bearish State Despite Recent Surge — Here’s Why→

Bitcoin’s Next Move? Coinbase Premium Suggests a Short-Term Rally May Be Brewing

Posted on by — No Comments ↓

According to recent insights, Bitcoin (BTC) seems to be on the verge of another rally, which suggests the potential for short-term upward momentum. At the heart of this discussion is the Coinbase Premium Index, a critical indicator analyzed in one hour by CryptoQuant analyst Yonsei Dent. This metric and specific moving average trends have highlighted conditions… Continue reading Bitcoin’s Next Move? Coinbase Premium Suggests a Short-Term Rally May Be Brewing→

Bitcoin Price Set For Major Breakout? Coinbase Premium Signals Imminent Move

Posted on by — No Comments ↓

Recent analysis from CryptoQuant highlights that Bitcoin price may soon undergo a significant move, according to an indicator known as the Coinbase Premium. A CryptoQuant analyst under the pseudonym ‘Avocado Onchain’ noted earlier today that the Coinbase Premium, which measures the price gap between Bitcoin on Coinbase and Binance, is showing signs of convergence. The… Continue reading Bitcoin Price Set For Major Breakout? Coinbase Premium Signals Imminent Move→