3 Reasons Why Bitcoin Won’t Stay Below $80,000 for Long
The post 3 Reasons Why Bitcoin Won’t Stay Below $80,000 for Long appeared on BitcoinEthereumNews.com.
Bitcoin got off to a rough start in February as negative sentiment persisted and market liquidity weakened. However, the latest data suggests that selling pressure is gradually easing, while early signs of recovery are emerging. These signs are not yet strong enough to confirm a reversal, but they remain some of the few positive signals in this phase. Sponsored 3 Reasons Bitcoin Could Soon Recover From Below $80,000 A recent report from BeInCrypto noted that crypto funds saw $1.7 billion in outflows last week. This reversed year-to-date inflows into net losses. Still, early indicators suggest that selling pressure may be fading. This is evident in the Coinbase Premium Index, which measures the price difference between Bitcoin on Coinbase and other exchanges. Coinbase Bitcoin Premium Index. Source: Coinglass The Coinbase Bitcoin Premium is recovering, even though it remains negative. This is an early signal that buying demand from the United States via Coinbase is slowly returning. Historically, this often points to a reversal once the premium moves from negative to positive. “Coinbase Bitcoin Premium is recovering. April 2025 lows have been taken. Not calling for a mega rally, but things are looking good for a relief rally,” investor Ted predicted. Sponsored Another signal that has been interpreted pessimistically is that Bitcoin is currently trading below the average cost basis of all US Bitcoin ETF funds. CryptoQuant data places this level at around $79,000. Bitcoin US ETF Realized Price. Source: CryptoQuant. However, historical trends since the approval of US Bitcoin ETFs show that Bitcoin rarely stays below this cost level for long. History suggests that this zone often acts as demand support before a strong rebound. Institutional investors and long-term holders typically have little incentive to sell at a loss below their cost basis. Sponsored The chart shows that during the most…
Filed under: News - @ February 3, 2026 6:23 am