I don't think we're going to see a strong rebound anytime soon from Bitcoin.


The Coinbase premium index is trending down and weakening further.
For those who don't know, Coinbase is the custodian and trading platform for 80% of the $BTC ETF.
So it's often used as a gauge for smart money interest.
Right now, we're not seeing any buying from the giants.
The last time it was green was back at $70-80K, as if they front-ran the local top at $82K.
BTC-1.15%
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