Bitcoin Retraces Below $120,000: Is Coinbase Selling To Blame? - Overpasses For America

Bitcoin Retraces Below $120,000: Is Coinbase Selling To Blame? - Overpasses For America

Bitcoin has seen a retrace back below the $120,000 level as data shows the Coinbase Premium Gap has dropped into the negative zone. Bitcoin Coinbase Premium Gap Has Plummeted Into The Red Region In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Coinbase Premium Gap. This indicator measures the difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair). …

Bitcoin’s Dip: Institutional Investors Spark Price Retracement

Bitcoin’s recent retracement below the $120,000 level has sparked renewed interest in the cryptocurrency’s price dynamics, particularly the role of institutional investors. The Coinbase Premium Gap, a metric that compares Bitcoin’s price on Coinbase (favored by U.S. investors) and Binance (popular among global traders), has turned negative, signaling a shift in market sentiment. Source

Bitcoin Retraces Below $120,000: Is Coinbase Selling To Blame?

Bitcoin has seen a retrace back below the $120,000 level as data shows the Coinbase Premium Gap has dropped into the negative zone. Bitcoin Coinbase Premium Gap Has Plummeted Into The Red Region In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Coinbase Premium Gap. This indicator measures the difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair). …