Coinbase Premium Index has broken above SMA14 for the first time in 26 days! 📈 What does this mean?

- US buyers are re-establishing dominance in the market.

- In a similar scenario, Bitcoin surged from $69,000 to $108,000 in November 2024.

- As long as the index remains above SMA14, the influence of US buyers on Bitcoin price may increase.

Stay tuned!