đš US INVESTORS HAVE BEEN SELLING BTC AT A DISCOUNT FOR 77 DAYS STRAIGHT đš
The Coinbase premium gap just hit -$64, the longest stretch of US selling pressure on record. 77 consecutive days of American desks offloading $BTC cheaper than the rest of the world is willing to pay for it.
And yet the fear/greed index still reads 64, squarely in "Greed." Sentiment says buy the dip while US institutions keep hitting the sell button.
$BTC trades around $83,000 (-1.1% in 24h), clinging to the $82K-$83K support zone. Lose it and the $80K psychological level comes into focus fast.
Which side is lying: the Greed index or the US sellers?
Not financial advice. DYOR.
#crypto #Bitcoin
The Coinbase premium gap just hit -$64, the longest stretch of US selling pressure on record. 77 consecutive days of American desks offloading $BTC cheaper than the rest of the world is willing to pay for it.
And yet the fear/greed index still reads 64, squarely in "Greed." Sentiment says buy the dip while US institutions keep hitting the sell button.
$BTC trades around $83,000 (-1.1% in 24h), clinging to the $82K-$83K support zone. Lose it and the $80K psychological level comes into focus fast.
Which side is lying: the Greed index or the US sellers?
Not financial advice. DYOR.
#crypto #Bitcoin