Coinbase Bitcoin Premium enters a 20-day streak despite sellers pushing the price down

The strong demand from U.S.-based investors causes the Coinbase premium on Bitcoin to reach a 20-day streak, and technical charts point to a rebound to $118,000.



#

Market Analysis

Key Points:

A 20-day streak of the Coinbase Premium Index for Bitcoin signals strong interest from institutional and retail investors.

The decrease in BTC inflows from short-term and long-term holders reduces downside risk.

A bullish divergence and a triangle breakout pattern point to $118,000 in June.

The price of Bitcoin 

BTC

€91,549

 seems poised for another breakout in June due to strong demand from U.S. investors and decreasing selling pressure from short-term and long-term holders.

The Coinbase Premium Index (CPI), which measures the price difference between BTC on Coinbase and other exchanges like Binance, has maintained a positive streak for the last 20 days, the longest in 2025. This sustained premium indicates consistent buying activity from U.S.-based institutional and retail investors, signaling strong confidence in the market#holder