Bitcoin[BTC] might experience another downturn, according to signals from the Coinbase Premium Index. This index shows the level of buying
This index shows the level of buying pressure among investors in the U.S.— especially as the nation has a high number of Bitcoin holders.
“The current Coinbase Premium trend is currently positive, close to zero. So if the historical pattern repeats itself, we may have a better chance of success if we wait a bit longer and invest in the rebound after the trend turns negative.”
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