U.S. Bitcoin Whales Sell: Key Indicator Points to Further Price Declines
Bitcoin faces mounting pressure as U.S. investors may influence the market negatively. A crucial metric known as the Coinbase Premium Gap signals heightened selling from U.S. Bitcoin whales. Following a recent improvement, the indicator now shows signs of decline, aligning with Bitcoin’s price correction. Investors should heed this as an essential warning sign, suggesting that further downside may follow. Understanding these market dynamics is vital for traders aiming to navigate potential losses in the near future.