With the way that the Bitcoin price has been surging recently, it is safe to say that many investors are just waiting for the point that Bitcoin surpasses the 50k mark. And rightfully so. However, based on a recent article this may not be happening as soon as we expect it to. At the moment the buying of Bitcoin on the Coinbase platform is slowing down and the volume of buying orders seems to be declining.
The Coinbase premium index is a way to tell the different in price between Coinbase and binance and at the moment it is negative, showing that there is a lot more Bitcoin sales on the Coinbase platform. This could cause the price to tumble as Coinbase is one of the most used Bitcoin exchanges. Do you think that this will happen?
The Coinbase premium index is a way to tell the different in price between Coinbase and binance and at the moment it is negative, showing that there is a lot more Bitcoin sales on the Coinbase platform. This could cause the price to tumble as Coinbase is one of the most used Bitcoin exchanges. Do you think that this will happen?
