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Bitcoin analysis sees BTC price gains on Coinbase premium golden cross

Bitcoin analysis sees BTC price gains on Coinbase premium golden cross

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Source: Coin Telegraph

Bitcoin demand in the US is “strong,” but can the Coinbase premium save BTC price action from further downside?

Bitcoin may see relief from its recent downturn as United States demand stays high, according to analysis.

In one of its Quicktake blog posts on Oct. 3, onchain analytics platform CryptoQuant revealed the “possibility of a short-term BTC increase.”

Bitcoin (BTC) price action has delivered several tests of $60,000 support this week amid market jitters over the situation in the Middle East.

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Author: William Suberg