#BTC突破7万大关
FalconX’s David Lawant noted that previous deep negative readings occurred near local bottoms in price, with the most recent reading preceding BTC’s rally to all-time highs between October and March.
Data from CryptoQuant shows that Bitcoin’s premium on Coinbase has plunged to rare negative levels. Similar readings in November 2022 and August 2023 signaled an impending local price bottom and subsequent rebound.
Bitcoin (BTC) is trading at a steep discount on cryptocurrency exchange Coinbase, which could indicate that the price of the largest crypto asset is bottoming out, foreshadowing the next leg up. It’s the darkest time of the day; hold on.
FalconX’s David Lawant noted that previous deep negative readings occurred near local bottoms in price, with the most recent reading preceding BTC’s rally to all-time highs between October and March.
Data from CryptoQuant shows that Bitcoin’s premium on Coinbase has plunged to rare negative levels. Similar readings in November 2022 and August 2023 signaled an impending local price bottom and subsequent rebound.
Bitcoin (BTC) is trading at a steep discount on cryptocurrency exchange Coinbase, which could indicate that the price of the largest crypto asset is bottoming out, foreshadowing the next leg up. It’s the darkest time of the day; hold on.