The Coinbase Premium SMA-30 just got rejected above the zero line again. In simple terms? US demand for Bitcoin doesn’t look strong right now. According to CryptoQuant analysts, this failure to hold the premium may have played a role in the recent drop in $BTC. When US buyers step back, the price usually feels it. Not panic mode, but definitely something to keep an eye on. #Bitcoin #BTC #Crypto #OnChain
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🚨 A small signal… but worth watching.
The Coinbase Premium SMA-30 just got rejected above the zero line again.
In simple terms?
US demand for Bitcoin doesn’t look strong right now.
According to CryptoQuant analysts, this failure to hold the premium may have played a role in the recent drop in $BTC.
When US buyers step back, the price usually feels it.
Not panic mode, but definitely something to keep an eye on.
#Bitcoin #BTC #Crypto #OnChain