Bitcoin’s Grand Finale? Coinbase Premium Plummeting to -$90! 🐘

Ah, Bitcoin, our old friend, has taken a rather dramatic dip-four weeks of crimson tides! From its October high to a low of $88,483, it’s as if the market’s throwing a tea party for bears. The weekly MA 50 at $102,749? Lost in the shuffle, like a misplaced monocle at a gala.

Coinbase Premium Gap, once a proud figure, now slumming at -$90. Per CryptoQuant, this is U.S. investors’ way of saying, “Pass the smelling salts, I’ve fainted.” Selling pressure? More like a stampede of panicked penguins in a crypto snowstorm. 🐧

CryptoQuant, that shrewd observer of chaos, notes U.S. trading returns are as cheerful as a rainy day in London. Europe and APAC? Sipping champagne and smirking. “Flat or slightly positive,” indeed. One must wonder what the U.S. thinks it’s doing. 🤷

Bitcoin’s been red for four weeks. Coinbase Premium Gap? A modest -$90. Here’s the tea on U.S. selling…

– CryptoQuant.com (@cryptoquant_com) November 19, 2025

ETF flows? Negative and unapologetic. Three weeks of outflows, with BlackRock’s iShares Bitcoin Trust hemorrhaging $523 million in one day-enough to fund a rather extravagant hat collection. Five days of net outflows? Why, that’s practically a record! 🎩

The BTC ETF drawdown? A hefty $3.98 billion from its peak. Second-largest since launch, which makes one ponder: is this a market correction or a masquerade ball gone wrong? The realized price at $86,586-now that’s a figure that would make a Victorian dowager faint. 💔

What it means

The Coinbase Premium Index, that elegant barometer of market whims, measures Bitcoin’s price disparity between Coinbase and the global average. A negative premium? Well, that’s just a fancy way of saying, “U.S. investors are selling their souls… and their Bitcoin.” 🚨

When the premium drops below zero, it’s not just a number-it’s a declaration. Selling pressure, my dear reader, is as relentless as a London fog. And with risk appetite dwindling faster than a candle in a gale, one can’t help but wonder: is this the overture to a grand finale? Or merely the prelude to a very expensive encore? 🎭

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2025-11-20 19:50