Odaily Planet Daily latest news! CryptoQuant analyst MAC.D pointed out that the premium rate of Bitcoin on Coinbase has dropped to -0.221%, which is a potential buy signal! 🎉 This is the fifth occurrence of this situation since May last year, indicating that the buying pressure from American investors has weakened. However, historical experience tells us that this phenomenon is often only temporary during bull market phases.

Although it is currently uncertain whether this price drop has hit the bottom, if this stage is not the end of the bull market, we may soon witness the formation of a bottom and welcome a rebound! 🚀 Stay optimistic about Bitcoin and look forward to the next developments in the market!