Yo this is actually huge — $BTC Coinbase premium just flipped positive for the first time in 40 days 👀
For context: when Coinbase premium is positive, it means US buyers are paying MORE for bitcoin than the global average. That's usually a sign American institutional money is stepping back in.
We've had 40 days of negative premium, meaning US was selling or sitting on hands while the rest of the world was buying. Now that's reversed.
Not saying we moon tomorrow, but this is the kind of shift that precedes real moves. US capital coming back online is always a vibe check worth watching.
Keep an eye on this if you're trying to read the room on where $BTC momentum is actually coming from right now.
For context: when Coinbase premium is positive, it means US buyers are paying MORE for bitcoin than the global average. That's usually a sign American institutional money is stepping back in.
We've had 40 days of negative premium, meaning US was selling or sitting on hands while the rest of the world was buying. Now that's reversed.
Not saying we moon tomorrow, but this is the kind of shift that precedes real moves. US capital coming back online is always a vibe check worth watching.
Keep an eye on this if you're trying to read the room on where $BTC momentum is actually coming from right now.