Bitcoin's Coinbase premium just posted its strongest bullish signal since October's record price of $126,000

Bitcoin's Coinbase premium just posted its strongest bullish signal since October's record price of $126,000

Bitcoin's Coinbase premium has been positive for 14 straight days, the longest bullish streak since BTC hit its all time high of $126,000 in October. Here's what it means.

Bitcoin Coinbase Premium Stays Positive for 14 Days as US Demand Signals Strength

Bitcoin’s ‘Coinbase premium’ has stayed positive for 14 consecutive days, a stretch that analysts say points to persistent U.S. buying pressure and improving risk appetite across crypto markets. The signal comes as BTC has held above the mid-$70,000 range and short sellers have borne the brunt of recent volatility. CoinDesk, cited by PANews on Tuesday UTC, reported that the premium—typically measured as the price difference between Bitcoin (BTC)…