BlockBeats news reports that on
BlockBeats news reports that on December 24, CryptoQuant analyst MAC.D published an article suggesting a potential buy signal for Bitcoin. The Coinbase premium indicator fell to -0.221% for the fifth time since May, indicating less buying pressure from US investors compared to Binance investors. However, during past bull market phases, this phenomenon was often temporary and viewed as an opportunity for further inflows of buying funds.
While it is currently impossible to determine if the price formed after this drop is a bottom, if the current stage is not the end of the bull market, a bottom may form soon and a rebound trend may occur.
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