📈 Bitcoin's volatility continues post-halving, but market analysts stay hopeful. Why? The Coinbase Premium trend could boost BTC's price once it flips negative. 🔄

🔍 What's the Coinbase Premium? It's the % difference between BTC/USDT on Binance and BTC/USD on Coinbase Pro. It offers insights into global and US trading behaviors.

📊 When Coinbase Premium is positive, BTC's price on Coinbase is higher due to increased buying pressure. A negative trend means more selling pressure on Coinbase, with Binance listing a higher price.

🔮 Historical data from CryptoQuant suggests BTC's price usually rebounds when the Coinbase Premium trend turns negative. Remember when Grayscale won its SEC lawsuit? That positively impacted BTC's price.

🔜 Currently, the Coinbase Premium Index is in the positive zone, close to zero. But if it turns negative, expect a BTC price rebound.

🎣 So, if history repeats, waiting for the trend to turn negative could be a smart move.

💰 Meanwhile, BTC's popularity grows despite price fluctuations. Spot Bitcoin ETF approvals and Coinbase's Q1 earnings report (72% revenue surge to $1.6 billion) are proof.

💬 What's your take on this? Share your thoughts below! #Bitcoin #CryptoNews #CoinbasePremium