Bullet points of Bitcoin analysis sees BTC price gains on Coinbase premium golden cross
Bullet points of Bitcoin analysis sees BTC price gains on Coinbase premium golden cross
- The Coinbase premium metric measures the difference in pricing between Coinbase and Binance.
- A 'golden cross' scenario, where the daily moving average crosses above the weekly moving average with strong momentum, has historically been followed by significant price movements.
- Demand from US-based investors remains strong, suggesting a potential short-term recovery in Bitcoin's price.
- The Coinbase premium metric measures the difference in pricing between Coinbase and Binance.
- A 'golden cross' scenario, where the daily moving average crosses above the weekly moving average with strong momentum, has historically been followed by significant price movements.
- Demand from US-based investors remains strong, suggesting a potential short-term recovery in Bitcoin's price.