time to wait for a while until additional buying power from U.S. institutions and whales

time-to-wait-for-a-while-until-additional-buying-power-from-US-institutions-and-

On March 14 2024,  Bitcoin reached its current high of $73,800 and is currently going through a period of correction.

The Coinbase premium has continued to be negative since March 14th, when Bitcoin entered the adjustment period, and has continued to be negative until now, with Bitcoin being drop.

Given the rapid rise of Bitcoin in recent months, it appears that the correction period will continue for some more time.

However, it seems likely that before the end of the first half of 2024, we will see the market rise again, with buying from US institutions and whales leading to an increase in the Coinbase premium.