Bitcoin Coinbase Premium hits 7-month low but traders spot a silver lining

Strong Bearish -86.7


Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Meanwhile, onchain data hints that short-term holders may be buying the dip.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.