Yesterday Bitcoin Premium Index closed with a daily price difference of -$174.85, which is the lowest in more than 5 years as this is how far our data goes into the past. This probably means that we're at the local bottom or extremely close to it.

Here are previous historical lows of the Bitcoin Premium:

May 2021 at -$131.6: Prior to the local bottom and run to the ATH

May 2022 at -$132.55: During $LUNA ecosystem crash

End of October 2024 at -$133.82: Before the US elections and the run to $100k ATH