Institutional buying is bolstering Bitcoin's upward momentum, as indicated by the Coinbase Premium Index and a taker-buy dominant 90-day Spot Taker CVD. These metrics highlight persistent accumulation by institutions, according to Coinotag. The NVT Golden Cross has improved by 38%, suggesting a healthier alignment between Bitcoin's market cap and on-chain activity.
Positive funding rates, averaging around 0.01% on major exchanges, indicate a slight dominance of long positions in derivatives markets, reflecting controlled optimism among traders. The positive Coinbase Premium Index points to stronger buying pressure on Coinbase Pro, often associated with U.S.-based institutional orders. The 90-day Spot Taker CVD shows aggressive buying, absorbing sell-side liquidity and signaling confidence in continued price growth. These factors collectively suggest a bullish outlook for Bitcoin, with institutional interest potentially stabilizing the market and encouraging retail participation.
Institutional Demand Boosts Bitcoin as Coinbase Premium and NVT Indicators Rise
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