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Bitcoin Price Analysis: Is BTC’s Recovery Over as US Demand Turns Negative?

Bitcoin is trading around $83K after the rejection from the $86K to $90K resistance zone weakened short-term structure, while the Coinbase Premium Index has turned sharply negative, suggesting US-based buying demand may be fading. BTC is attempting to stabilize, but buyers need to reclaim nearby resistance to improve the outlook. Bitcoin Price Analysis: The Daily […]

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Bitcoin Price Analysis: Is BTC’s Recovery Over as US Demand Turns Negative?
Picha: CryptoPotato

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Bitcoin is trading around $83K after the rejection from the $86K to $90K resistance zone weakened short-term structure, while the Coinbase Premium Index has turned sharply negative, suggesting US-based buying demand may be fading. BTC is attempting to stabilize, but buyers need to reclaim nearby resistance to improve the outlook. Bitcoin Price Analysis: The Daily […]

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